Finance Matters

Posts Tagged ‘Japan Airlines’

Shares in troubled Japan Airlines (JAL) plummeted 81% to just 7 yen today after falling 45% yesterday to 37 yen.
The stock fell for a second consecutive day as a bankruptcy filing seemed unavoidable.
JAL’s market value has dived by around $1.8 billion in two days to $200 million.
According to Hideaki Higashi, market strategist at [...]

Shares in troubled Japan Airlines (JAL) plummeted to a fresh low today amid fears that the carrier is to enter bankruptcy proceedings within the next couple of days.
Shares fell by 45% to a fresh low of 37 yen on the Tokyo stock exchange as a bankruptcy filing seems unavoidable.
State-owned Development Bank of Japan has [...]

Troubled Japan Airlines (JAL) is expected to enter bankruptcy proceedings within the next couple of days, according to reports.
It is believed the state-owned Development Bank of Japan has already agreed to the bankruptcy.
The airline, which is Asia’s largest carrier, is grappling with a mountain of debt and it is currently under the watchful eye of [...]

Shares in troubled Japan Airlines (JAL) soared 31% today after it was revealed that the Japanese Government had asked the state-owned Development Bank of Japan (DBJ) to double JAL’s credit line to JAL to 200 billion yen (£1.4 billion).
The airline has already used 55 billion yen of the 100 billion yen credit line set up [...]

Struggling Japan Airlines (JAL) has had its credit line doubled to 200 billion yen (£1.3 billion) after an agreement by the Japanese Government today, according to Kyodo news agency.
The extra funding was agreed by Deputy Prime Minister Naoto Kan, Transport Minister Seiji Maehara and other ministers at a meeting this weekend.
A statement said: [...]