FACTBOX-Main points from JAL's rehabilitation plan

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Aug 31 (Reuters) - Japan Airlines Corp, a debt-ridden carrier grappling with a state-backed rehabilitation, submitted a business turnaround plan on Tuesday that will run through March 31, 2013.

JAL, Asia's biggest carrier by revenue, filed for bankruptcy protection in January owing more than $25 billion and pledged a sweeping restructuring under a new board and management. [nSGE60I079]

Below are some key points under the turnaround plan:

LOW COST CARRIER

-- President Masaru Onishi said JAL would consider creation of a low-cost carrier business.

AIRCRAFT, ROUTES

-- To retire 103 aircraft, including all Boeing (BA.N) 747-400s, Airbus (EAD.PA) 300-600s, MD-81s and MD-90s, out of its fleet of 258.

-- To cut 39 domestic routes, to 109. Focus on more frequent service routes using smaller aircraft.

-- To cut 10 international flights, to 65. Focus on major cities among U.S., European and Asian routes.

DEBT WAIVER

-- Banks to waive 521 billion yen ($6.16 billion), including Mitsubishi UFJ Financial Group (8306.T) and Mizuho Financial group (8411.T). JAL said it had 959 billion yen in liabilities at the end of March.

LISTING

-- May try to go public again by 2013.

MANAGEMENT

-- Kazuo Inamori says he wants to step down as CEO in February 2012, a year earlier than he had agreed to when he took the job in January.

-- Company aims to be profitable from first year of plan, with operating profit of 64.1 billion yen in the year to March 31, 2011.

COST CUTS

-- To cut group headcount by one-third to about 32,600 at the end of March 2011.

-- Sell or liquidate subsidiaries, including selling its hotel business, and concentrate managerial resources on air transport business. ($1=84.53 Yen) (Compiling by Chang-Ran Kim in Tokyo; Editing by Edmund Klamann)