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Monday, January 18, 2010

It's OFFICIAL. JAL will file for bankruptcy

According to NHK World (with video), Japan Airlines has decided to file for bankruptcy protection in today's special board meeting. JAL will be the 4th largest bankruptcy in Japan history. JAL will file for bankruptcy at 17:00 Japan Time. More info on this later tonight when Japan Transport Minister Seiji Maehara hold a news conference at 17:45 Japan Time.

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