{"id":2117,"date":"2009-12-28T13:49:49","date_gmt":"2009-12-28T11:49:49","guid":{"rendered":"http:\/\/www.turizmtatilseyahat.com\/en\/?p=2117"},"modified":"2022-09-28T20:57:54","modified_gmt":"2022-09-28T19:57:54","slug":"ailing-jal-faces-bankruptcy-option","status":"publish","type":"post","link":"https:\/\/www.turizmtatilseyahat.com\/en\/ailing-jal-faces-bankruptcy-option\/","title":{"rendered":"Ailing JAL faces bankruptcy option"},"content":{"rendered":"<p><strong>A state-backed turnaround body overseeing Japan Airlines&#8217; restructuring is considering bankruptcy as one option for the cash-strapped carrier, reports said Monday.<\/strong><\/p>\n<p><a href=\"http:\/\/www.turizmtatilseyahat.com\/en\/wp-content\/uploads\/2009\/12\/japan-airlines.jpg\"><img decoding=\"async\" class=\"alignleft size-thumbnail wp-image-2118\" title=\"Ailing JAL faces bankruptcy option\" src=\"http:\/\/www.turizmtatilseyahat.com\/en\/wp-content\/uploads\/2009\/12\/japan-airlines-280x220.jpg\" alt=\"Ailing JAL faces bankruptcy option\" width=\"280\" height=\"220\" \/><\/a>Proposals submitted to JAL&#8217;s creditors by the Enterprise Turnaround Initiative Corp. include filing for protection from creditors to give the airline time to put its finances in order, the Nikkei business daily said.<\/p>\n<p>But debt-ridden JAL, seeking its fourth government bailout since 2001, aims to avoid bankruptcy proceedings.<\/p>\n<p>&#8220;We are pursuing the possibility of restructuring without bankruptcy,&#8221; JAL spokesman Kojiro Waki told AFP.<\/p>\n<p>An official at the turnaround body declined to comment on the reports.<\/p>\n<p>The airline has said it plans thousands of job cuts and a drastic reduction in routes as part of its efforts to return to profitability.<\/p>\n<p>JAL has been offered financial assistance by both American Airlines and Delta Air Lines, who are competing to take a minority stake in the Japanese carrier, eyeing its coveted Asian landing slots.<\/p>\n<p>Japan&#8217;s government has ruled out allowing JAL to collapse, but has left the door open to possible bankruptcy proceedings to allow the group to restructure more easily.<\/p>\n<!-- Either there are no banners, they are disabled or none qualified for this location! -->\n","protected":false},"excerpt":{"rendered":"<p>A state-backed turnaround body overseeing Japan Airlines&#8217; restructuring is considering bankruptcy as one option for the cash-strapped carrier, reports said Monday.<\/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":[7997,7],"tags":[8057],"class_list":["post-2117","post","type-post","status-publish","format-standard","hentry","category-far-east","category-tourism","tag-america"],"_links":{"self":[{"href":"https:\/\/www.turizmtatilseyahat.com\/en\/wp-json\/wp\/v2\/posts\/2117","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=2117"}],"version-history":[{"count":1,"href":"https:\/\/www.turizmtatilseyahat.com\/en\/wp-json\/wp\/v2\/posts\/2117\/revisions"}],"predecessor-version":[{"id":9321,"href":"https:\/\/www.turizmtatilseyahat.com\/en\/wp-json\/wp\/v2\/posts\/2117\/revisions\/9321"}],"wp:attachment":[{"href":"https:\/\/www.turizmtatilseyahat.com\/en\/wp-json\/wp\/v2\/media?parent=2117"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.turizmtatilseyahat.com\/en\/wp-json\/wp\/v2\/categories?post=2117"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.turizmtatilseyahat.com\/en\/wp-json\/wp\/v2\/tags?post=2117"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}