Japan Airlines will consider a breakup of the company along with a range of other options, as the ailing carrier faces pressure from lenders and the government to turn around its operations, reports the WSJ. JAL executives are to meet with transport minister Seiji Maehara Thursday to discuss plans to shore up the unprofitable company. The transport ministry is supervising the rehabilitation of JAL, which has already received three government bailouts since 2001.

This entry was posted by Gwen Robinson on Thursday, September 24th, 2009 at 4:41 and is filed under Capital markets. Tagged with JAL. Edit this entry.