{"id":1636,"date":"2009-10-29T10:11:02","date_gmt":"2009-10-29T08:11:02","guid":{"rendered":"http:\/\/www.turizmtatilseyahat.com\/en\/?p=1636"},"modified":"2022-09-28T17:59:06","modified_gmt":"2022-09-28T16:59:06","slug":"japan-airlines-3","status":"publish","type":"post","link":"https:\/\/www.turizmtatilseyahat.com\/en\/japan-airlines-3\/","title":{"rendered":"Japan Airlines seeking state aid"},"content":{"rendered":"<p><strong><a href=\"http:\/\/www.turizmtatilseyahat.com\/en\/wp-content\/uploads\/2009\/10\/japan-airlines2.jpg\"><img decoding=\"async\" class=\"alignleft size-thumbnail wp-image-1637\" title=\"Japan Airlines\" src=\"http:\/\/www.turizmtatilseyahat.com\/en\/wp-content\/uploads\/2009\/10\/japan-airlines2-280x220.jpg\" alt=\"Japan Airlines\" width=\"280\" height=\"220\" \/><\/a>Loss-making carrier Japan Airlines has confirmed it is to apply for financial assistance from a newly-formed state-backed turnaround agency.<\/strong><\/p>\n<p>Japan Airlines said it had started negotiations with the Enterprise Turnaround Initiative Corporation.<\/p>\n<p>Enterprise Turnaround Initiative Corporation has access to up to 1.6 trillion yen of government guaranteed funds, but it remains to be seen how much JAL may be given.<\/p>\n<p>Japan Airlines reported a loss of 99bn yen between April and June.<\/p>\n<p>Thursday&#8217;s announcement comes a month after the airline first said it would need state aid.<\/p>\n<p>Hit by falling passenger numbers and high oil prices, the firm has been in severe financial trouble for some time, and its debts are said to total $15bn.<\/p>\n<p>The airline recently announced plans to cut 6,800 jobs to save money.<\/p>\n<p>The Enterprise Turnaround Initiative Corporation has been given the power to buy the debt of companies in trouble, and send in turnaround specialists to help them restructure their operations.<\/p>\n<!-- Either there are no banners, they are disabled or none qualified for this location! -->\n","protected":false},"excerpt":{"rendered":"<p>Loss-making carrier Japan Airlines has confirmed it is to apply for financial assistance from a newly-formed state-backed turnaround agency.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_override_counter":[],"jnews_post_split":[],"footnotes":""},"categories":[7997,137],"tags":[],"class_list":["post-1636","post","type-post","status-publish","format-standard","hentry","category-far-east","category-sectoral"],"_links":{"self":[{"href":"https:\/\/www.turizmtatilseyahat.com\/en\/wp-json\/wp\/v2\/posts\/1636","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.turizmtatilseyahat.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.turizmtatilseyahat.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.turizmtatilseyahat.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.turizmtatilseyahat.com\/en\/wp-json\/wp\/v2\/comments?post=1636"}],"version-history":[{"count":1,"href":"https:\/\/www.turizmtatilseyahat.com\/en\/wp-json\/wp\/v2\/posts\/1636\/revisions"}],"predecessor-version":[{"id":9307,"href":"https:\/\/www.turizmtatilseyahat.com\/en\/wp-json\/wp\/v2\/posts\/1636\/revisions\/9307"}],"wp:attachment":[{"href":"https:\/\/www.turizmtatilseyahat.com\/en\/wp-json\/wp\/v2\/media?parent=1636"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.turizmtatilseyahat.com\/en\/wp-json\/wp\/v2\/categories?post=1636"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.turizmtatilseyahat.com\/en\/wp-json\/wp\/v2\/tags?post=1636"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}