Japan Airlines Bankrupt

JAL's fortunes on the way down “Japan Airlines Bankrupt” was the headline news today as JAL entered the Japanese version of the US Chapter 11 Bankruptcy procedure. Its stock price for the entire company is now worth about $150 million, less than the price of a single Jumbo Jet plane. By voluntarily entering bankruptcy JAL is hoping to quickly r.... (more)

 from Shibuya246  [Profile]

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