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Japan Airlines ready to sell 175 million shares

Tokyo, Japan - Profits doubled compared to 2011

In 2010 Japan Airlines was de-listed from the Tokyo Stock Exchange after the company filed for bankruptcy protection. The carrier was rescued by the Enterprise Turnaround Initiative Corporation, which became the largest shareholder in the airline. Today the Tokyo Stock Exchange approved the re-listing of the carrier, "Which is expected to raise 663bn yen (8.5 billion USD). It should be noted that...

AVIONEWS - World Aeronautical Press Agency - 1144224

AVIONEWS - World Aeronautical Press Agency
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