JAL Needs More Restructuring Before Getting Support: Government Bank Head
Japan Today | Jun. 06, 2007
On June 5, the head of the government-backed Development Bank of Japan said that Japan Airlines Corp needs to implement additional restructuring measures before receiving financial support from its creditor banks.
JAL will be unable to win consent for its capital increase plan "unless it demonstrates more self-help efforts," DBJ Governor Takeshi Komura said during a House of Councillors committee session.