Japanese Government to double credit line for JAL

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Japanese Government to double credit line for JAL

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01-03-2010, 09:14 PM

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Japanese Government to double credit line for JAL

Struggling Japan Airlines (JAL) has had its credit line doubled to 200 billion yen (£1.3 billion) after an agreement by the Japanese Government today, according to Kyodo news agency. The extra funding was agreed by Deputy Prime Minister Naoto Kan, Transport Minister Seiji Maehara and other ministers at a meeting this weekend. A statement said: [...]

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