TOKYO, Jan 19 (Reuters) - Japan Transport Minister Seiji Maehara said on Tuesday that the state-backed turnaround fund the Enterprise Turnaround Initiative Corp of Japan (ETIC) and a state-owned bank will provide enough money for Japan Airlines Corp throughout its rehabilitation.
The government will also review whether Japan needs two major carriers, Maehara said at a news conference.
(Reporting by Nobuhiro Kubo)
((nobuhiro.kubo@thomsonreuters.com; +81-3-6441-1821; Reuters Messaging: nobuhiro.kubo.reuters.com@reuters.net)) Keywords: JAL/FUNDING (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
The government will also review whether Japan needs two major carriers, Maehara said at a news conference.
(Reporting by Nobuhiro Kubo)
((nobuhiro.kubo@thomsonreuters.com; +81-3-6441-1821; Reuters Messaging: nobuhiro.kubo.reuters.com@reuters.net)) Keywords: JAL/FUNDING (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
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