{"id":1741,"date":"2009-11-10T14:53:17","date_gmt":"2009-11-10T12:53:17","guid":{"rendered":"http:\/\/www.turizmtatilseyahat.com\/en\/?p=1741"},"modified":"2022-09-28T17:59:03","modified_gmt":"2022-09-28T16:59:03","slug":"japan-airlines-set-to-get-emergency-loan-minister","status":"publish","type":"post","link":"https:\/\/www.turizmtatilseyahat.com\/en\/japan-airlines-set-to-get-emergency-loan-minister\/","title":{"rendered":"Japan Airlines set to get emergency loan: minister"},"content":{"rendered":"<p><strong><a href=\"http:\/\/www.turizmtatilseyahat.com\/en\/wp-content\/uploads\/2009\/11\/japan-airlines.jpeg\"><img decoding=\"async\" class=\"alignleft size-thumbnail wp-image-1742\" title=\"Japan Airlines\" src=\"http:\/\/www.turizmtatilseyahat.com\/en\/wp-content\/uploads\/2009\/11\/japan-airlines-280x220.jpg\" alt=\"Japan Airlines\" width=\"280\" height=\"220\" \/><\/a>Struggling Japan Airlines\u00a0 is set to receive an emergency loan from a state-backed lender to help it to keep flying in the face of heavy losses, the government said on Tuesday.<\/strong><\/p>\n<p>JAL will get the financial lifeline from the Development Bank of Japan (DBJ), Transport Minister Seiji Maehara told a news conference, adding that the amount and timing of the loan had not yet been decided.<\/p>\n<p>&#8220;My expectation is that it will initially be without a government guarantee,&#8221; he said.<\/p>\n<p>Japan&#8217;s creditor banks have reportedly been asking for such assurances to be attached to emergency credit lines.<\/p>\n<p>Cash-strapped JAL urgently needs about 200 billion yen (2.2 billion dollars) in emergency financing, according to Japanese media.<\/p>\n<p>The group is also seeking an injection of public funds to boost its capital as it restructures under the supervision of a government-backed corporate revival body.<\/p>\n<p>The carrier &#8212; the recipient of three such government bailouts since 2001 &#8212; lost more than one billion dollars in the April-June quarter and plans thousands of job cuts and a drastic reduction in routes.<\/p>\n<p>The airline said Monday its executives would receive no pay in December as the struggling carrier needs to cut costs.<\/p>\n<p>JAL president Haruka Nishimatsu is also reportedly ready to step down to take responsibility for the financial troubles.<\/p>\n<!-- Either there are no banners, they are disabled or none qualified for this location! -->\n","protected":false},"excerpt":{"rendered":"<p>Struggling Japan Airlines  is set to receive an emergency loan from a state-backed lender to help it to keep flying in the face of heavy losses, the government said on Tuesday.<\/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-1741","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\/1741","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=1741"}],"version-history":[{"count":1,"href":"https:\/\/www.turizmtatilseyahat.com\/en\/wp-json\/wp\/v2\/posts\/1741\/revisions"}],"predecessor-version":[{"id":9305,"href":"https:\/\/www.turizmtatilseyahat.com\/en\/wp-json\/wp\/v2\/posts\/1741\/revisions\/9305"}],"wp:attachment":[{"href":"https:\/\/www.turizmtatilseyahat.com\/en\/wp-json\/wp\/v2\/media?parent=1741"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.turizmtatilseyahat.com\/en\/wp-json\/wp\/v2\/categories?post=1741"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.turizmtatilseyahat.com\/en\/wp-json\/wp\/v2\/tags?post=1741"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}