It now seems that many of the executives that are working with Japan Airlines will be forgoing their December payments. This news comes as the debt ridden national carrier enters into its fourth year of losses. The company is expected to report another very heavy loss this coming Friday, when it announces its second quarter results.

The pay cut will affect the Japan Airlines president, Haruka Nishimatsu, and 70 other company officials as well. According to some reports, about 17,000 non executive employees have also been asked to give up their winter bonuses as well.

Japan Airlines has asked for aid from the state affiliated Enterprise Turnaround Initiative Corp. The company is hoping that this group can help them avoid collapse amid the economic recession. Back in September, the Japan Airlines president proposed the cutting of 6,800 jobs and carrying out one of the biggest reduction in routes that the airline has seen in its whole history.

Right now Japan Airlines is not the only airline that is struggling due to the recession. Other airlines around the world are also facing a hard time. No other airline knows this better than British Airways, who has already announced that it is in a clear fight for survival. The airline has been battling the unions over job cuts and pay freezes. British Airways has said that these cuts are needed if the airline is going to turn a profit anytime soon. However, this is something that the union does not want to, or cannot, understand. The unions have already filed their cases with the courts, but experts say that this will likely not help their case.