A government task force set up to help rescue Japan Airlines Corp said today it would review the carrier's turnaround plans from scratch as investors dumped shares in Japan Airlines (JAL) on Thursday following reports that the loss-making carrier would request another government bailout and could break up its operations. Japan's transport minister said he will not force the struggling carrier, Asia's biggest, into bankruptcy. "We will not crush and liquidate (the airline), it's just impossible," … [Read more...] about Gov’t task force looking at JAL options

A government task force set up to help rescue Japan Airlines Corp said today it would review the carrier's turnaround plans from scratch as investors dumped shares in Japan Airlines (JAL) on Thursday following reports that the loss-making carrier would request another government bailout and could break up its operations. Japan's transport minister said he will not force the struggling carrier, Asia's biggest, into bankruptcy. "We will not crush and liquidate (the airline), it's just impossible," … [Read more...] about Gov't task force looking at JAL options