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Struggling Japan Airlines receives 100bn yen bailout Struggling Japan Airlines receives 100bn yen bailout



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Old 06-22-2009, 11:03 PM
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Post Struggling Japan Airlines receives 100bn yen bailout
Japan Airlines (JAL) is set to receive up to 100 billion yen (£635 million, $1 billion) in Government aid. JAL, which is Asia‘s biggest carrier, will receive the emergency loan on the condition that the airline’s management improves and the way in which the company is run. Earlier this year, the airline predicted an annual loss of [...]

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