Japan Airlines Corp. said Tuesday that in a preliminary survey it has received approval from 75 percent of retirees for proposed cuts in their pension benefits, bringing the struggling carrier a step closer to receiving vital restructuring aid.
About 5,700 respondents to the survey said they were willing to take the cuts, while JAL needs a total of 5,870, or two thirds of retirees, to carry out the reductions that are deemed necessary before it can gain access to a broad government financial package.
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