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The fanfare over the release of its A380 was dampened by a variety of production issues, including cabin wiring issues, cracks that appeared inside some of the wings, and an engine that blew apart during the take-off of a Qantas Airways flight departing Singapore in 2010.
FORBES: Boeing's 787 Dreamliner Public Relations Nightmare: A Battery Of Problems
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Some cut-price airlines want regulators to force Swiss and British Airways to give up valuable take-off and landing slots at London's busy Heathrow airport if Swiss is allowed to become a Oneworld member.
ECONOMIST: Back to old tricks | The
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It also needs to fight off competition from emerging low-cost carriers and rival All Nippon Airways (ANA).
BBC: JAL profits boosted by cost cuts
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If you're wondering why Walsh doesn't just pay the whole pension problem off with the contents of his war chest, British Airways (nyse: BAB - news - people ) says it needs to be kept "to deal with a difficult situation, " such as the financial bruising the airline received after the terrorist attacks of Sept. 11, 2001.
FORBES: Walsh's BA To Raise Retirement Age By 10 Years
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Meanwhile a total of 15 publicly-owned businesses will be sold off, including the second biggest bank, Nova KBM, the flag-carrying airline, Adria Airways, and Telekom Slovenia.
BBC: Slovenia unveils reforms as it seeks to avoid EU bailout