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Jal News

(AFX UK Focus) 2009-12-25 03:14 Transport Min: still mulling JAL fund guarantees

Interactive Investor: TOKYO, Dec 25 (Reuters) - The government is still considering guaranteeing banks' funding to Japan Airlines Corp , Transport Minister Seiji Maehara told a regular news conference on Friday. Finance Minister Hirohisa Fujii said earlier this week that the government would not guarantee loans and other funding to JAL. Fujii and other ministers had agreed to consider guarantees on loans to JAL .....Read More


(AFX UK Focus) 2009-12-24 09:46 SCENARIOS-JAL seeks bailout; juggles offers from Delta, AA

Interactive Investor: TOKYO, Dec 24 (Reuters) - A decision on whether Japan Airlines will be kept afloat with taxpayers' money or allowed to go bankrupt will be made over the next few weeks. At the same time JAL is being courted by American Airlines and Delta Air Lines. The U.S. carriers have made rival offers of financial aid, keen to gain a greater foothold in Japan and access to JAL's network to the rest of Asia .....Read More


Govt's about-face on JAL loan means trouble

Asia News Network: The November agreement by five ministers pledging to provide a guarantee for bridge loans to Japan Airlines (JAL) was virtually scrapped when finance minister Hirohisa Fujii said this week the governm .......Read More


Hotel JAL Tower Dubai to welcome its first guests by spring 2010

AME Info: To be known as Hotel JAL Tower Dubai, this new five star luxury property scheduled to open in April 2010, will be standing on a 57 elegant storey Glass Tower building on the majestic Sheikh Zayed Road in Dubai and will be aligned with the exclusive high end luxury hotels in the market...Read More


Business › Gov't says no change in JAL policy

Japan Today: The government said Friday that it has not changed its policy of supporting the turnaround of Japan Airlines Corp and will continue to study a…..Read More


Transport Min: still mulling JAL fund guarantees

Reuters via Yahoo! Asia News: TOKYO, Dec 25 (Reuters) - The government is still considering guaranteeing banks' funding to Japan Airlines Corp <9205.T>, Transport Minister Seiji Maehara told a regular news conference on Friday...Read More


Business › Questions grow over gov't support for JAL as market uncertainty deepens

Japan Today: A number of foreign financial institutions are questioning the government's stance over support for Japan Airlines Corp amid deepening market uncertainty following the withdrawal of…..Read More


SCENARIOS-JAL seeks bailout; juggles offers from Delta, AA

Reuters via Yahoo! Asia News: TOKYO, Dec 24 (Reuters) - A decision on whether Japan Airlines <9205.T> will be kept afloat with taxpayers' money or allowed to go bankrupt will be made over the next few weeks...Read More


Govt's about-face on JAL loan guarantees could mean trouble

Asia News Network: The November agreement by five ministers pledging to provide a guarantee for bridge loans to Japan Airlines was virtually scrapped when Finance Minister Hirohisa Fujii said this week the government would suspend envisaged budget allocations for that purpose in the fiscal 2010 budget...Read More


Japan won’t guarantee loans to struggling JAL

The Malaysian Insider: TOKYO, Dec 22 — Japan’s government will not offer guarantees on funding to Japan Airlines Corp, Finance Minister Hirohisa Fujii said today, eliminating one potential support for the carrier as it struggles for survival. Fujii and other ministers had agreed to consider guarantees on loans to JAL including funding from the state-owned Development Bank of Japan (DBJ), which was tapped to provide .....Read More


Japan won't guarantee loans to struggling JAL

Reuters via Yahoo! Singapore News: * Finmin Fujii: govt should not meddle in JAL loan problems..Read More


Delta sees brighter revenue environment ahead

Asbury Park Press: ATLANTA (AP) — Delta Air Lines Inc. expects the improving revenue environment to continue in the months ahead, though sales of premium seats remain pressured...Read More


Copenhagen recommendations to be implemented in state

Central Chronicle: By Our Staff Reporter Bhopal, Dec 26: Chief Minister Shivraj Singh Chouhan said that the state government would try to implement, as far as possible, recommendations of food grains, and environment protection conference held at Copenhagen...Read More


DJB reservoir,pumping station inaugurated to increase water pressure

New Kerala: New Delhi, Dec 26 : Delhi Chief Minister Sheila Dikshit today inaugurated a 5.2 million gallons capacity Underground Reservoir and Booster Pumping Station at Daulatpur Village here...Read More


PSUs fail to meet Sebi criterion on directors

Central Chronicle: Agencies Mumbai, Dec 26: Twenty-one out of 43 listed public sector undertakings (PSUs) do not have the required number of independent directors, as stipulated by the Securities and Exchange Board of India (Sebi)...Read More


Former JAL chiefs to take benefit cuts

The Japan Times: Six former heads of Japan Airlines Corp. and its subsidiaries have agreed to return part of their retirement benefits as the carrier undergoes government-supervised turnaround efforts, JAL President Haruka Nishimatsu said Monday. "I believe we have their understanding," he said...Read More


(AFX UK Focus) 2009-12-22 03:25 Japan transport min says govt will back JAL

Interactive Investor: TOKYO, Dec 22 (Reuters) - Japan's transport minister, Seiji Maehara, said on Tuesday that the government would back Japan Airlines Corp even if the state does not offer guarantees on bank bridge loans to the struggling carrier. Earlier in the day, Japan's finance minister said the state-owned bank has no intention of giving future government guarantees for JAL's bridge loans. (Reporting by .....Read More


India NMDC share sale may raise $4.9 bln-report

Reuters via Yahoo! Asia News: MUMBAI, Dec 26 (Reuters) - The Indian government is hoping to raise over 230 billion rupees ($4.9 billion) from the sale of a stake in iron ore miner National Mineral Development Corp , the Times of India said on Saturday...Read More


Japanese government will not guarantee JAL loans

Air Transport World: Japanese officials said yesterday that the government will not guarantee any loans extended to Japan Airlines ( ATWOnline , Dec. 9) . Finance Minister Hirohisa Fujii said the government had agreed to "consider" backing some ¥100 billion in loans from the Development Bank of Japan, "but it did not say we would actually do it."..Read More


India Appoints Four Merchant Bankers For Satluj Jal Vidyut IPO

Nasdaq: NEW DELHI -(Dow Jones)- India's federal government has appointed four merchant bankers to manage the initial public offer of state-run Satluj Jal Vidyut Nigam Ltd., a company executive said Monday...Read More


Economy likely to grow at 9% next fiscal: E&Y

Express India: The economy may grow by 9% in the next fiscal on the back of strong industrial growth and rising domestic consumption, global consultant Ernst and Young said on Friday...Read More


Guaranteed funding for JAL falls through

The Japan Times: The government will not guarantee loans and other funding for Japan Airlines Corp., Finance Minister Hirohisa Fujii said Tuesday as the cash-strapped carrier seeks a public bailout to stay aloft. But transport minister Seiji Maehara emphasized that the administration will stick to its earlier pledge to "firmly support" the airline regardless of whether government guarantees are extended...Read More


Govt gears up for PSU divestment

The Hindu: National Investment Fund to be accessed for social sectors..Read More


Disinvestment plans likely to get delayed in 21 out of 43 listed companies

Business Standard India: Twenty-one out of 43 listed public sector undertakings (PSUs) do not have the required number of independent directors, as stipulated by the Securities and Exchange Board of India (Sebi)...Read More


Japan won't guarantee loans to JAL 

Reuters via Yahoo! UK & Ireland News: Japan's government will not offer guarantees on funding to Japan Airlines Corp , Finance Minister Hirohisa Fujii said on Tuesday, eliminating one potential support for the carrier as it struggles for survival...Read More


Japan Transport Minister: Discussing Form Of JAL Guarantees

Nasdaq: TOKYO -(Dow Jones)- Japan's transport minister said Tuesday the government is discussing what form its guarantees for struggling Japan Airlines Corp. ( 9205.TO) could take...Read More


Economy likely to grow by 9% next fiscal, says E&Y

The Hindu: NEW DELHI: The Indian economy may grow by 9 per cent in the next fiscal on the back of strong industrial growth and rising domestic consumption, global consultant Ernst and Young on Friday said...Read More


Japan won't guarantee loans to JAL

Interactive Investor: By Tetsushi Kajimoto and Nobuhiro Kubo..Read More


Indian economy likely to grow by 9% next fiscal: E&Y

Business Standard India: The Indian economy may grow by 9 per cent in the next fiscal on the back of strong industrial growth and rising domestic consumption, global consultant Ernst and Young today said...Read More


Economy likely to grow by 9 per cent next fiscal: E&Y

The Economic Times: The Indian economy may grow by 9% in next fiscal on the back of strong industrial growth and rising domestic consumption. Key political risks to global markets..Read More


Japan transport min says govt will back JAL

Reuters via Yahoo! Malaysia News: TOKYO, Dec 22 (Reuters) - Japan's transport minister, Seiji Maehara, said on Tuesday that the government would back Japan Airlines Corp <9205.T> even if the state does not offer guarantees on bank bridge loans to the struggling carrier...Read More


United, Continental, Japan's ANA seek antitrust immunity on trans-Pacific flights

USA Today: "United Airlines, Continental, and All Nippon Airways applied for antitrust approval on Wednesday so they can work together more closely on flights .....Read More


Business › Gov't won't guarantee JAL loans

Japan Today: The government will not provide a guarantee on loans and other funding to Japan Airlines Corp, Finance Minister Hirohisa Fujii said Tuesday. The government was…..Read More


All Nippon Seeks U.S. Antitrust Immunity for Alliance (Update1)

Bloomberg: Dec. 24 (Bloomberg) -- All Nippon Airways Co. requested U.S. antitrust immunity to expand an alliance with UAL Corp. ’s United Airlines and Continental Airlines Inc...Read More


U'khand facing dry spell

Business Standard India: Uttarakhand is experiencing another dry spell during this winter season with the last two months going almost dry...Read More


Japan Hot Stocks-M'bishi Chem, Aiful, Inpex, high-tech shares

Reuters via Yahoo! Philippines News: TOKYO, Dec 24 (Reuters) - The benchmark Nikkei average <.N225> rose 1.6 percent and the broader TOPIX <.TOPX> was 1.2 percent higher on Thursday...Read More


Business › JAL to seek retiree approval for pension cuts by Jan 12

Japan Today: JAL has set a deadline of Jan 12 for securing approval from retirees for proposed cuts to their pension benefits, a key step for the…..Read More


UPDATE:Star Alliance Seeks Antitrust Immunity On US-Japan Air Routes

Nasdaq: (Adds background.) Members of the Star airline alliance filed Wednesday a request for antitrust immunity to expand their pact on U.S.-Japan routes, a move that could help determine the fate of Japan Airlines Corp. (9205.TO, JALSY)...Read More


JAL to seek retiree approval for pension cuts by Jan 12

Business Standard India: Japan Airlines (JAL) has set a deadline of January 12 for securing approval from retirees for proposed cuts to their pension benefits, a key step for the carrier to receive aid for restructuring, sources close to the matter said...Read More


United, Continental, ANA seek US antitrust waiver

Reuters via Yahoo! Philippines News: * Carriers look to share pricing on Pacific routes..Read More


Star Alliance Members Seek Wider Immunity On US-Japan Routes

Nasdaq: Members of the Star airline alliance Wednesday filed a request for antitrust immunity to expand their pact on U.S.-Japan routes, a move that could help determine the fate of Japan Airlines Corp (9205.TO, JALSY)...Read More


United, Continental, ANA seek U.S. antitrust waiver

Reuters via Yahoo! UK & Ireland News: U.S. carriers United Airlines and Continental Airlines and Japan's All Nippon Airways said on Wednesday they are seeking a waiver of antitrust rules from the United States to allow them to coordinate flights and fares across the Pacific...Read More


ANA, partners to seek antitrust waiver from U.S.

The Japan Times: All Nippon Airways and its two U.S. partners — United Airlines and Continental Airlines — will apply with the U.S. Department of Transportation, possibly Wednesday, for antitrust immunity to allow them to better coordinate trans-Pacific operations, ANA officials said. The three airlines, all members of the Star Alliance grouping, are expected to apply for an exemption from the Japanese .....Read More


Business › Former JAL presidents agree to return retirement benefits

Japan Today: Six former heads of Japan Airlines Corp and its subsidiaries have agreed to return a part of their retirement benefits as the struggling company undergoes…..Read More


Business › ANA, United, Continental apply for antitrust immunity with U.S.

Japan Today: All Nippon Airways Co said Thursday the airline and its two U.S. partners -- United Airlines Inc and Continental Airlines Inc -- have applied with…..Read More


Japan Update wishes all Happy Holidays

Japan Update: Santa Claus is coming to town in just a few short hours, New Year’s is just around the corner, and the Lunar New year isn’t far behind, either. Okinawa, an island which celebrates virtually everyone’s holidays including both the traditional and Lunar New Year, has a lot happening in the days ahead...Read More


DOJ wants conditions on immunity for American, BA

AP via Yahoo! News: The Justice Department says giving American Airlines, British Airways and other partners antitrust immunity to work closer together on coordinating flights could cause fares to rise up to 15 percent on some trans-Atlantic routes...Read More


Water! Delhiites guzzle the most

rediff.com: Water! Delhiites guzzle the most, face crisis Water! Delhiites guzzle the most, face crisis..Read More


Water! Delhiites guzzle the most, face crisis

rediff.com: Delhi gets more water than Paris, according to a report of the Planning Commission. If the national average water supply for cities is 140 litres per capita, Delhiites guzzle 240 litres per capita. But Delhi, which empties the river Yamuna as it enters the city to fulfill its water needs, says it is facing a water shortage of the intensity of a crisis...Read More


DOJ wants conditions on immunity for American, BA

San Francisco Chronicle: The Justice Department says giving American Airlines, British Airways and other partners antitrust immunity to work closer together on coordinating flights could cause fares to rise up to 15 percent on some trans-Atlantic routes. The agency wants the... British Airways - American Airlines - Competition law - Airline - United States..Read More