JAL shares plunge to record low
12-01-2010
Shares in Japan Airlines have plunged 45 percent to a record low in Tokyo trading, on speculation that the carrier will file for bankruptcy. The move will likely wipe out the investments of many people, including 1.6 million small shareholders. The cash-strapped airline has been bailed out at least three times over the past nine years.
......quoted from Hong Kong news service - link below. The Sunday Torygraph had an article saying this would be unhelpful to BA, presumably because BA and JAL are in the same alliance (along with Cathy Pathetic).
Any views? Me not a journo.
RTHK English News