The government is unlikely to provide a guarantee on loans and other funding to Japan Airlines Corp. in the forthcoming extra budget out of concern the public would oppose it, a Cabinet member said Friday.
Meanwhile, transport minister Seiji Maehara said a government-backed corporate turnaround body will likely make a decision on providing a broad financial package to the struggling airline in January.
He added the administration will discuss the government guarantee before or at the time of the decision by the Enterprise Turnaround Initiative Corp. of Japan.