Reply To: JAL- Ugent talks to avoid Bankruptcy

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Hess963
Participant

Hi everyone !!!

recent update: JAL needs state’s aid beside the credit of 100 Billion Yen which was already negotiated with Japanese banks earlier.

JAL needs all the financial help it could get so it may continue with its restructuring plans. But some parts of the government are doubting the JAL is not only in huge problems because of the finance crisis but because it is partly or mostly caused by mismanagement.

The new Japanese government is in a dilema. How to help JAL rightly?

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