Gov't unveils JAL rescue measures eyeing pension cuts, bridge loans

Reported by Kyodo on Tuesday, 10 November 2009 (on November 10, 2009)

The government unveiled a general outline of rescue measures for Japan Airlines Corp. on Tuesday that promises a reduction in corporate pension benefits and bridge loans to keep the cash-strapped airline operational. But the announcement at a hastily set up press conference lacked crucial details on special legislation to ensure mandatory pension cuts and the amount of short-term financing that will be provided to Japan's top airline.

Links:

Full news story

Post this:

Facebook

E-mail

Twitter

Mixx

StumbleUpon

FriendFeed

Recent related news

guardian.co.uk 14 hours ago - Politics	Where's the sophistication in the BA dispute? \| editorial Bosses, unions and politicians should abandon the posturing that belongs to a bygone era There are...
Huffington Post 2 days ago - Business	Greece Debt Crisis: Germany Holding Up European Union Bailout BRUSSELS — The European Commission urged Germany and other eurozone governments Friday to put up a...
Huffington Post 3 days ago - Business	Greece Says It Will Appeal To IMF If EU Doesn't Deliver Bailout Funds Prime Minister George Papandreou said he expects European Union leaders to decide at a March 25-26...
guardian.co.uk 3 days ago - World	Greek PM gives European leaders a week to produce rescue plan George Papandreou complained that Greece was getting the worst of both worlds - an IMF-style...
guardian.co.uk 3 days ago - Business	Greece warns it could go to IMF World markets shaken as Greek government says it could resort to IMF if EU leaders fail to spell out...

IBTimes 4 days ago - Markets	Greece's austerity measures wellcomed by S&P,while markets�waitng for emergency loans strategy�details next week While EU finance ministers put strategy for emergency loans to relieve Greece in their first-day...
Business Insider 5 days ago - Business	Bush, Drugs, And A Recession Caused The Deficit -- But Don't Worry, We've Got It Under Control (This is the joint statement of Tim Geithner, Christina Romer, and Peter Orszag before the House...
Straits Times 6 days ago - Money	More Greek strikes to come ATHENS - GREEK civil servants will strike again for 24 hours in March or April to protest against...
Huffington Post 6 days ago - Politics	Latoya Peterson: Is Wealth a Feminist Issue? The following post originally appeared on the The Women\'s Media Center website. Better paying jobs...
Proactive Investors 6 days ago - Business	Chinese Government Gives Signals of Rise in Renminbi on the Horizon During a speech last week, Zhou Xiaochuan, governor of China’s central bank, The People’s Bank of...

Tweet the News!			51
Gov't unveils JAL rescue measures eyeing pension cuts, bridge loans
Twitter login: password: Register to store your twitter account details
There don't appear to be any related tweets. Be the first to tweet the news!

Tip: Sign up as a Member now - FREE access to news alerts, news bookmarking and more.

Select Region >