
TOKYO -- ANA Holdings seeks 300 billion yen ($2.79 billion) in financing from a program run by the government-backed Development Bank of Japan as the carrier braces for a prolonged drop in air travel.
The All Nippon Airways parent also plans to seek a total of 1.3 trillion yen in credit lines from the DBJ and private-sector financial institutions, Nikkei learned Friday, to ensure continued access to operating capital as the coronavirus pandemic sinks its revenue