Japan Airlines Corp. CEO and Chairman Kazuo Inamori voiced confidence Wednesday in turning the ailing airline around, saying it is improving financially and will achieve restructuring goals through his "amoeba" management style.
"I have spent many years in management and know from my experience that it's important to have a system to allow you to grasp details of real-time figures and results so that all employees can pitch ideas to improve business operations," Inamori told reporters at Foreign Correspondents' Club of Japan.
"However, JAL did not have such a system and employees did not have real understanding of which flights and routes were making how much profit. So they failed to make appropriate management decisions," said the 78-year-old Inamori.