Gov. Jan Brewer, who has seized upon every piece of good news on the economy to bolster her claim as shepherd of the state's turnaround, issued a celebratory statement, saying the distinction "validates the work we have done to make the Arizona comeback a reality".
Japan Airlines, the once-proud flagship carrier now crippled by $16 billion in debt, may soon file for bankruptcy protection as part of a state-led turnaround in one of the nation's largest corporate failures.
But with its balance sheet deteriorating rapidly, the airline applied in October for aid from a state-backed turnaround fund.
But with its balance sheet deteriorating rapidly, the carrier applied in October for aid from a state-backed turnaround fund.
TOKYO -- Japan Airlines, a once-proud flagship carrier now crippled by $16 billion in liabilities, may soon file for bankruptcy protection as part of a state-led turnaround in one of the largest corporate failures in the Japanese history.
The government said JAL, Japan's largest carrier by revenue, has been instructed to apply for funds from a state-backed turnaround body, after a special task force said saving the airline was "definitely possible" but would require a "substantial" injection of public money.
Although Bibeault (1982) initially stated that turnaround time is a function of the organization's size, thus linking process to context, Hoffman (1989) postulates that only 2 of the 17 studies investigated in his paper analyze whether the causes were statistically associated with downturn.
"Because Dean has such a strong base and it is his strategy that this is his turnaround state -- the state he could win -- I would give him odds right now," Frank Greer, a Democratic consultant whose firm is working for Senator John Kerry, said.
Industry watchers say that there are certainly instances when a celebrity in a state of romantic turnaround might benefit by walking the red carpet alone or with a family member.
