Shares in Japan Airlines fell by 24 percent Tuesday 29 December, a second straight day with a sharp drop, after the government announced that it would not put any more money into the airline. It has debts of 1.5 trillion yen and has been bailed out four times since 2001.
Posted by Ellen Wallace on 30 December 2009 at 11:31 | permalink
This work by genevalunch.com is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.
News story, GenevaLunch, 30 December 2009.
Filed under: World news
Tags: bailout, bankruptcy, Japan Airlines
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