JAL lists on Tokyo bourse, only #2 after Facebook

After a government bailout of debt-ridden JAL, it’s now profitable again. The airline launches a €7bn IPO on the Tokyo Stock Exchange next month.

 

BBC: Japan Airlines profits more than double

bbc.co.uk – Japan Airlines has said its first-quarter profits more than doubled as it cut costs and the strong yen boosted demand for international travel. Net profit was 26.9bn yen ($343m; £220m) in the April…

Aviation Media

NECN: Japan Airlines listing again on Tokyo exchange

necn.com – TOKYO (AP) — Japan Airlines, which underwent a government bailout two years ago, will be listed again on the Tokyo Stock Exchange. The exchange said Friday the carrier will be relisted Sept. 19. JA…

Aviation Media

 

Gulf News: JAL set for IPO

gulfnews.com – The Enterprise Initiative Turnaround Corp of Japan, the government-backed body that funded JAL’s restructuring, will sell its 97 per cent stake in the IPO. The fund will get back more than the 350 …

Airline Fuel News

 

Bloomberg: JAL to raise about $8.5bn in IPO next month

bloomberg.com – Japan Airlines Co., the world’s most profitable airline, plans to raise about 663 billion yen ($8.5 billion) in the world’s second-biggest initial public offering this year, capping a recovery from…

Aspire Aviation

 

 

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