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Wednesday, October 28, 2009

JAL applying for ETIC help?

Japan Airlines has just published a press release regarding its restructuring. JAL is officially applying for the Enterprise Turnaround Initiative Corporation (ETIC) help and has initiated preliminary consultation. According to Nikkei.com, the transportation minister, Seiji Maehara, is supposing having a press conference right now after receiving the JAL restructuring report from the expert panel.

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