• Kyodo

  • SHARE

Japan Airlines Co. said Friday it will raise around ¥300 billion ($2.7 billion) via a combination of subordinated loans and bonds to bolster its financial standing as the fallout from the coronavirus pandemic drags on.

The funds will also be used to introduce Airbus 350s that are considered more environmentally friendly and are expected to be the airline’s primary aircraft for international flights, JAL said.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW

PHOTO GALLERY (CLICK TO ENLARGE)