Wednesday, December 30, 2009

Another Bailout for JAL?

Despite promises of capital infusions and lucrative joint ventures from the oneworld and SkyTeam alliances, JAL may be turning to the Japanese Government again for a bailout.  See Yoshio Takahasi & Juro Osawa, Japan Says Talks of More Loans to JAL as Shares Shrink, Dow Jones Newswires, Dec. 30, 2009 (available here).

http://lawprofessors.typepad.com/aviation/2009/12/another-bailout-for-jal.html

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