Japan Airlines shares hit fresh record low

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Japan Airlines shares hit fresh record low

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12-30-2009, 10:20 PM

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Japan Airlines shares hit fresh record low

Shares in troubled Japan Airlines (JAL) plummeted to a fresh low today, losing 24% to 67 yen. The stock plummeted for a second consecutive day amid reports that the carrier is heading towards bankruptcy under a state restructuring plan. The airline, which is Asia’s largest carrier, has been struggling amid the global economic downturn which has led [...]

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