Showing posts with label Bailout. Show all posts
Showing posts with label Bailout. Show all posts
JAL restructuring panel, you need to think more than just cost reductions!
The Japan Airlines restructuring panel will have its first meeting on August 20. This is a panel set up by Japan's Ministry of Land, Infrastructure, Transport and Tourism (MLIT) aims at helping JAL to turn around. The panel consists of legal and academic experts, and the Japanese lenders of JAL will act as observers. Hopefully they will come up with something good out of the meeting.
JAL signed emergency loan agreement
Despite ANA's dispute on Japan Airlines getting the government bailout, JAL has signed an agreement with the lenders to receive the bailout loan.
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