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Japan Airlines might ask a $2 billion emergency loan

Tokyo, Japan - The governmental aid necessary due to the downturn

Japan Airlines might ask the government for a USD 2 billion emergency loan to face difficulties brought by the slump in air traffic due to the global downturn. Japanese newspapers reported the news today quoting an unnamed source from the carrier. "We've been doing everything to reduce costs but it's not enough - the source stated - The business climate is really tough and our revenues are falling...

AVIONEWS - World Aeronautical Press Agency - 1103248
Rome, Italy, 04/21/2009 16:54
AVIONEWS - World Aeronautical Press Agency

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