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Business › Gov't outlines JAL rescue steps, including pension cuts, bridge loans

The government outlined rescue measures for Japan Airlines Corp on Tuesday that include a reduction in the company's generous corporate pension benefits and bridge loans… ...full story at Japan Today

from Japan Today on Tue, Nov 10 2009

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06 Nov 09 visit Business › Gov't arranging JAL rescue package with forced pension cuts  »  Japan Today The government is making arrangements to compile a comprehensive rescue package for struggling Japan Airlines Corp, including special legislation to enable a mandatory reduction in…
06 Nov 09 visit Business › Gov't asks main creditor banks to provide bridge loans for JAL  »  Japan Today A government team tasked with aiding the turnaround of Japan Airlines Corp asked Friday the company's creditor banks, including the state-backed Development Bank of Japan,…
23 Nov 09 visit Business › JAL seeking 30% cut in retiree pension benefits for bailout  »  Japan Today Japan Airlines Corp executives urged the company's retirees Monday to approve a cut in pension benefits of approximately 30% as the cash-strapped airline desperately seeks…
04 Jan 10 visit Business › JAL employees OK pension benefit cuts, but retirees' position unclear  »  Japan Today Japan Airlines said Monday that more than two-thirds of its current employees have agreed to accept the company's proposal to cut pension benefits substantially as…
10 Jan 10 visit Business › JAL facing difficulty securing approval for pension cuts  »  Japan Today Japan Airlines Corp is facing difficulty in securing approval from two-thirds of its retirees by the deadline of Tuesday for drastic cuts in pension benefits…

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