Airline

JAL CREDITORS BACK RESTRUCTURING PLAN, SAYS AIRLINE

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JAL CREDITORS BACK RESTRUCTURING PLAN, SAYS AIRLINE

Japan Airlines (JAL) has confirmed its creditors have approved a rehabilitation plan under which they would waive debts worth more than 520 billion yen ($6.3 billion). Fresh loans of 280 billion yen from its main creditors, five major Japanese banks, have also been approved and will be available fro...

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