Japan's Fujii: JAL bridge loans to be considered

Thu Oct 29, 2009 9:06pm EDT
 
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TOKYO, Oct 30 (Reuters) - Finance Minister Hirohisa Fujii said on Friday a state-backed corporate turnaround body will study bridge loans to Japan Airlines Corp (9205.T), which has sought its help.

JAL said on Thursday it would apply for assistance from the state-backed corporate turnaround body, setting the stage for a large injection of public funds into the troubled airline.

(Reporting by Hideyuki Sano)

 

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