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The Japanese government will not guarantee for JAL

Tokyo, Japan - As stated by Finances Minister Hirohisa Fujii

The Japanese Minister of Finances Hirohisa Fujii stated yesterday that Tokyo's government will not guarantee for funding struggling JAL-Japan Airlines, despite a recent positive opinion (see AVIONEWS). "The agreement stated that we would consider the matter but it did not say we would actually do it -the minister said- This is a matter that should be worked out by private companies. The Development...

AVIONEWS - World Aeronautical Press Agency - 1112911

AVIONEWS - World Aeronautical Press Agency
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