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Japanese airline group seeks $18 billion in government aid

Coronavirus has sapped carriers' ability to pay workers and make lease payments

ANA Holdings is seeking to use the government-affiliated Development Bank of Japan's loan system for a 300 billion yen credit line. (Photo by Ken Kobayashi)

TOKYO -- The Scheduled Airlines Association of Japan, made up of domestic airline companies, has asked the government for 2 trillion yen ($18 billion) in aid now that the coronavirus has decimated demand, Nikkei has learned.

The association includes All Nippon Airways, JAL, their budget affiliates and other small airlines. It is requesting an unsecured loan with a government guarantee, which could be included in an emergency economic stimulus package that the cabinet is expected to approve on Tuesday.

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