Japan Airlines gets government loan

Japan Airline is to receive $1bn in government assistance.

Japan Airlines is Asia's largest carrier [EPA]
Japan Airlines is Asia's largest carrier [EPA]

Kaneko also told a separate news conference that JAL was “an extremely important company for our country’s economy, society and people”.

JAL has previously sought to borrow about $2bn under a government programme of low-interest financing for cash-starved companies amid the global financial crisis, reports have said.

Source : News Agencies

More from News
Most Read