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Japan Airlines’ devastating fire killed two passengers’ pets but all passengers survived

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Japan Airlines' devastating fire killed two passengers' pets but all passengers survived

Japan Airlines’ devastating fire killed two passengers’ pets but all passengers survived, Japan Airlines is under scrutiny and offering apologies following a devastating incident at Tokyo Haneda Airport on Tuesday. While miraculously all passengers survived, the incident resulted in the tragic loss of two passengers’ pets.

Apology from Japan Airlines

Expressing deep condolences for the loss, a spokesperson for Japan Airlines acknowledged the significance of pets as family members. However, specific details about the type of animals involved were not publicly disclosed.

Aircraft Collision and Subsequent Fire

The catastrophe unfolded when a Japan Airlines Airbus A350 collided with a smaller De Havilland Dash 8 operated by the Japan Coast Guard on the runway. This collision led to a fire, resulting in the death of five people on the Coast Guard aircraft.

Efficient Evacuation Amidst Challenges

Despite challenges such as the A350 bursting into flames, intercom malfunctions, and over half the emergency exits being unusable, all 379 people on board the Airbus A350 managed to evacuate safely. Experts praised the efficiency of the Japan Airlines crew, emphasizing the importance of passengers leaving their luggage behind.

Tragic Losses and Survivor Struggles:

The deceased were exclusively on the Coast Guard aircraft, and the surviving pilot suffered serious injuries. Reports indicate that it was his third flight in 24 hours, engaged in disaster relief for victims of a prior earthquake.

Discrepancies in Clearance

Both Japan Airlines and the Coast Guard asserted that their planes had been cleared to enter the runway. However, air traffic control transcripts contradicted this, revealing that the Coast Guard captain had been instructed to stay short of the runway at a holding point.

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Historical Context

This incident marks the first fatal crash involving Japan Airlines in almost four decades. The deadliest crash in the airline’s history occurred in 1985 with Flight 123, involving a Boeing 747, where 520 people lost their lives due to a faulty repair leading to a tail failure.

Conclusion

The tragic events at Haneda Airport underscore the complexities and potential risks in air travel. As investigations unfold, questions arise about communication and clearance procedures, while Japan Airlines faces the aftermath with apologies and condolences for the lives lost and the grieving families.

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Airlines

Japan Airlines counts the cost of Tokyo crash

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Japan Airlines counts the cost of Tokyo crash

Japan Airlines counts the cost of Tokyo crash, Flights at Tokyo Haneda airport continue to experience disruptions following a fatal collision between a Japan Airlines aircraft and a smaller plane on the runway. The incident, resulting in five fatalities, prompts investigations by transport authorities to prevent such tragedies in the future.

Market Fluctuations Post-Accident

Upon the reopening of markets after Japan’s New Year’s holidays, Japan’s second-largest airline, Japan Airlines, witnessed a surge in sell orders. Despite the initial setback, the share price managed to recover by the end of the trading day.

Financial Impact and Insurance Coverage

Japan Airlines updated investors, highlighting the coverage of the loss of the Airbus A350 aircraft through insurance. However, additional costs are anticipated, including offering ticket refunds to customers with reservations through March 31, 2023, who wish to cancel their flights. The estimated operating loss for the airline stands at approximately ¥15 billion ($105 million), a significant challenge considering the airline’s recent recovery from pandemic-related losses.

Short-Term Setbacks, Long-Term Resilience

The tragic incident is expected to impact the airline’s earnings for the year to March. Despite this setback, JAL’s longer-term prospects appear resilient. While airline demand in Asia has lagged behind the US and Europe post-pandemic, JAL’s full-service flights have already seen passenger revenue return to pre-pandemic levels. Operating margins have improved, thanks to price hikes and a substantial increase in the average revenue earned per passenger kilometer flown.

Growth Expectations and Market Outlook

Shares of Japan Airlines currently trade at 12 times forward earnings, a premium compared to US peer United Airlines. This reflects positive growth expectations and suggests that the market anticipates the airline’s resilience in the face of short-term challenges.

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Conclusion

Despite the immediate challenges posed by the Tokyo crash, Japan Airlines remains steadfast in addressing the incident’s aftermath. The airline’s financial resilience and positive market outlook indicate a potential recovery and continued growth, emphasizing its commitment to passenger safety and long-term success.

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