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Japan Airlines obtaines bailout funding
Tokyo, Japan - Deal signed with Development Bank of Japan worth JPY100 billion
JAL-Japan Airlines has signed an agreement with Development Bank of Japan to receive a bailout bridge loan worth up to JPY100 billion (US$1.1 billion). The financing will be guaranteed by Tokyo's government and aims to keep the carrier alive. The final decision has been taken due to the consequences that the present situation would have had on citizens and economy of the country. In the first half...
AVIONEWS - World Aeronautical Press Agency - 1111894
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency