PPRuNe Forums - View Single Post - JAL
Thread: JAL
View Single Post
Old 19th January 2010 | 10:10
  #10 (permalink)  
answer=42

mostly harmless
20 Anniversary
 
Joined: Aug 2002
Posts: 190
Likes: 0
From: axis of chocolate
JAL files for bankruptcy

The Financial Times reports that:
Japan Airlines filed for bankruptcy protection on Tuesday in Japan’s fifth-largest corporate failures, even as the government pledged about Y900bn ($9.9bn) to keep the carrier operational until it completes its restructuring
I note that ETIC i.e. government support has tripled in value since Armchairpilot's post on 9 January.
answer=42 is offline  
Reply