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JAL heads towards bankruptcy protection?
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Jan 7, 2010, 11:39 pm
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JALPak
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Quote:
http://online.wsj.com/article/BT-CO-...atestheadlines
The Nikkei reported Friday afternoon that the government favors the use of court-led bankruptcy protection for JAL, and will make a decision as early as Jan. 12, adding that the airline will file a petition with the Tokyo District court under the Corporate Rehabilitation Law around Jan. 19.
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