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JAL: from the risk of bankruptcy to a state bailout for a rescue in extremis
Rome, Italy - The Japanese airline will also have to chose its international partners
2009 had ended badly for the main Japanese airline, JAL-Japan Airlines, but now the clouds above its future seem to have been cleared. December 30 ended with a 24% slump in the stock market with the Japanese transport minister's declaration that a bankruptcy was being discussed among other solutions. However, shortly later the government announced a 55 billion Yen loan for the carrier's restructuring. Within...
AVIONEWS - World Aeronautical Press Agency - 1113157
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency