ANA President and CEO Shinichiro Ito yesterday expressed concern over the Japanese government's heavy involvement in Japan Airlines' bankruptcy restructuring. Between the Enterprise Turnaround Initiative Corp. of Japan and the Development Bank of Japan, both of which are government-backed institutions, JAL will receive ¥900 billion ($9.9 billion) to ensure it does not collapse as it goes through the court-monitored process (ATWOnline, Jan. 20). Ito told reporters he is worried that the ...

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