The Japanese government reportedly is preparing to provide ¥700 billion ($7.74 billion) in credit guarantees to Japan Airlines as part of an "extra budget" that could be finalized this week for the country's fiscal year ending March 31. Multiple press reports from Tokyo said the government wants to allay any doubts that JAL will continue to be able to operate as it goes through a restructuring expected to be overseen by the Enterprise Turnaround Initiative Corp. of Japan (ATWOnline, ...

Subscribe to Access this Entire Article

"Japanese government reportedly to provide JAL with ¥700 billion loan guarantee" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.