This article is from the source 'bbc' and was first published or seen on . It will not be checked again for changes.
You can find the current article at its original source at http://news.bbc.co.uk/go/rss/-/1/hi/business/8188941.stm
The article has changed 3 times. There is an RSS feed of changes available.
| Version 0 | Version 1 |
|---|---|
| Japan Airlines records $1bn loss | Japan Airlines records $1bn loss |
| (about 8 hours later) | |
| Japan Airlines - the largest carrier in Asia - has reported a significant loss in the three months to June, after ticket sales slumped during the period. | |
| The airline made a loss of 99bn yen ($1bn; £618m) during the quarter, down from a 3.4bn yen loss a year earlier. | The airline made a loss of 99bn yen ($1bn; £618m) during the quarter, down from a 3.4bn yen loss a year earlier. |
| The figures come as Japan's government prepares to provide an emergency loan to the carrier. | The figures come as Japan's government prepares to provide an emergency loan to the carrier. |
| JAL could receive up to 100bn yen in state aid, say reports, providing the airline's management improves. | JAL could receive up to 100bn yen in state aid, say reports, providing the airline's management improves. |
| Any funding would be provided through state owned Development Bank of Japan (DBJ). | Any funding would be provided through state owned Development Bank of Japan (DBJ). |
| Earlier this year, JAL sought to borrow up to 200bn yen from a government low-interest loans scheme. | Earlier this year, JAL sought to borrow up to 200bn yen from a government low-interest loans scheme. |
| The carrier saw sales drop 32% to 334.9bn yen from a year before. | The carrier saw sales drop 32% to 334.9bn yen from a year before. |
| JAL is maintaining its forecast for the fiscal year to March of a 63bn yen net loss. | JAL is maintaining its forecast for the fiscal year to March of a 63bn yen net loss. |