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For its reconstruction efforts, the cash-strapped airline desperately seeks public funds. But because JAL retirees get fatter pensions than the average retiree, transport minister Seiji Maehara has emphasized that the public will not stand for JAL's using...
Tags: JAL, pensions benefits, Japan Language, Japan Airlines Corp., Japan, Ōsaka, WOW Alliance, Japan Airlines, Association of Asia Pacific Airlines, Social Issues, Business Finance, Labor, Retirement, Pension, Oneworld
TOKYO (Reuters) - Japan's government plans to guarantee about 700 billion yen ($7.7 billion) in loans and other funds provided by financial institutions to keep Japan Airlines Corp. afloat, the Nikkei business daily reported. The plan will be funded...
Tags: Japan Airlines Corp., Nikkei, nikkei business, business daily, financial institutions, extra budget, billion yen, Japan, Tōkyō, Business Finance, Japan Airlines, Association of Asia Pacific Airlines, Oneworld, WOW Alliance, Politics, Jal, Shinjuku Station, Airline, Bankruptcy, KOSPI, Nikkei 225, All Nippon Airways, Odakyu Odawara Line, Debt restructuring, American International Group, Finance, Shinjuku Tokyo, Social Issues, Chᅤᆱᅤヘ-Sᅤヘbu Line, Saikyᅤヘ Line, Hospitality Recreation
Credit-default swaps traders in Tokyo will meet next week to discuss whether private corporate debt restructuring talks, which roiled contracts protecting against a default by Aiful Corp., should trigger payouts to swaps buyers. The International Swaps...
Tags: ISDA, Aiful Corp., Japan Airlines Corp., Japan DC, Bank of Japan, credit swaps, ADR, credit event, debt restructuring, alternative dispute, Japan, Shimizu, Aiful, International Swaps and Derivatives Association, Derivatives, Business Finance, Swap, Credit default swap
Japanese shares jumped nearly four percent to a five-week high Thursday, supported by big gains in exporters as the yen retreated from a 14-year high. The benchmark Nikkei 225 stock average climbed 368.73 points, or 3.8%, to 9,977.67, the highest close...
Tags: PSA Peugeot Citroen Group, Mitsubishi Motors Corp., Mitsubishi Motors Jumps, Nikkei, capital tie, Japan Airlines Corp., Tokyo, auto maker, Japan, Tōkyō, Business Finance, Mitsubishi Motors, PSA Peugeot Citroᅢᆱn, Mitsubishi, Peugeot, Car manufacturers, Technology Internet, Nikkei 225, Japanese yen, Mitsubishi companies, Automotive industry, Citroᅢᆱn, MIEV, Topix, Foreign exchange market, Airline, International trade, Mitsubishi i, Japan Airlines, TPG Capital, Central bank
An airline "open skies" agreement between the United States and Japan will be signed by year's end, authorities announced. Under the pact, airlines of both countries could expand alliances and decide on routes and flight schedules, the Asahi Shimbun reported...
Tags: Japan Airlines Corp., Japan, Tōkyō, Asahi Shimbun, Airline, United Airlines, Association of Asia Pacific Airlines, All Nippon Airways, Business Finance, Open Travel Alliance, Oneworld, Open skies
Japan Airlines Corp. has signed an agreement with the government-owned Development Bank of Japan to receive a pool of around ¥100 billion in emergency bridge loans to keep itself operational, JAL and the bank said Tuesday. Also Tuesday, JAL shares plunged...
Tags: Struggling Japan Airlines Corp, JAL, Japan Airlines Corp., Development Bank of Japan, Japan Airlines, Business Finance, WOW Alliance, Association of Asia Pacific Airlines, Oneworld, Airline, Japan Air System, Social Issues, Economy of Japan, Labor, Pension, Japanese yen
News of the sell-off reignited fears about the carrier's future. Between July and September, it lost 32.3bn yen ($364m; £220m) and is struggling with $15bn of debts and a big pension deficit...Along with all major global airlines, it has also been hit...
Tags: Japan Airlines Corp., JAL, Ailing Japan Airlines, Japan Airlines Corp Slides, airline corp, Mitsui & Co., Development Bank of Japan, Seiji Maehara, jal share, WOW Alliance, Nikkei 225, Mitsui, Association of Asia Pacific Airlines, Japan Airlines, Oneworld, Business Finance, Open Travel Alliance, Airline, American Airlines, Labor, Dow Jones & Company, Pension, Maehara, Minister of Land Infrastructure Transport and Tourism, Social Issues, KDDI, SoftBank, Australian Securities Exchange, Topix, KOSPI
Before the shift in political power in Japan in September, the Japanese government aggressively lobbied a U.S. congressional nuclear taskforce to maintain the credibility of the U.S. ''nuclear umbrella'' as a deterrence against possible attacks from China,...
Tags: Toyota Motor Corp., bid farewell, pension benefits, f1 racing, fuji speedway, JAL, racing cars, public funds, Japan Airlines Corp, Oneworld, WOW Alliance, Pension, Retirement, Public Employee Pension Plans, Business Finance, Financial services, Association of Asia Pacific Airlines, Japan Airlines, Social Issues, Labor, Japan, Nuclear umbrella, Politics, News agencies, Japanese media, Kyodo News, Toyota, Lexus, Akio Toyoda, Kiichiro Toyoda, allnews, Car manufacturers, Japanese Grand Prix
Japan Airlines Corp will ask the government as early as Tuesday for 100 billion yen ($1.13 billion) in bridge loans from the Development Bank of Japan, the Nikkei business daily said. JAL is also expected to cancel year-end bonuses at its roughly 100...
Tags: Delta Says SkyTeam Willing, JAL, Japan Airlines Corp., Delta Air Lines Inc., American Airlines, Development Bank of Japan, bridge loans, airline corp, WOW Alliance, Oneworld, Association of Asia Pacific Airlines, Japan Airlines, Business Finance, SkyTeam, Airline, Airline alliances, Open Travel Alliance, Japan Air System, Mitsubishi UFJ Financial Group, Delta Air Lines, Northwest Airlines
American Airlines Inc warned Thursday of ‘‘enormous risks’’ for Japan Airlines Corp in switching to the rival SkyTeam alliance, striking back at a lucrative financial package unveiled by Delta Air Lines Inc a day earlier. Speaking to reporters in Tokyo,...
Tags: Delta Air Lines Inc, Japan Airlines Corp, SkyTeam alliance partners, JAL, Business › American Airlines, Tokyo, Open Travel Alliance, Japan Airlines, WOW Alliance, SkyTeam, Airline, Airline alliances, Oneworld, Association of Asia Pacific Airlines, Business Finance, Delta Air Lines