• Kyodo News

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All Nippon Airways Co. is proposing that its unions accept a plan to cut annual wages by an average of 6 percent for all group employees, sources said Friday.

To move is being suggested to save up to ¥14 billion in personnel costs to deal with the sharp drop in demand during the global economic downturn. The wages of managerial employees would be cut by around 20 percent under the proposal, including basic pay and other benefits, the sources said.

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