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Wednesday, October 28, 2009

Rumor: Japanese government may finalize JAL bailout package today

Multiple Japanese newspapers reports that the Japanese government will finalize Japan Airlines' bailout package after noon today (Japan time). This will likely include tapping into the funding of the newly established Enterprise Turnaround Initiative Corporation of Japan (ETIC). For details of this latest JAL rumor, you can refer to Reuters which has an English summary of what has been reported. (Or if you prefer Japanese, you can read more here)

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