JAL PLANS TO RAISE AROUND $2.9 BILLION IN CAPITAL WHILE ALSO POSTING AN OPERATING LOSS

Highlights –

• JAL plans to raise around $2.9 billion in capital while also posting an operating loss.
• The airline company is expecting to post an operating loss of around 85 billion yen.
• For the July-September period, JAL estimated to mark an improvement from its operating loss.
• JAL’s international passengers fell by 97.5 percent in July.

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