TOKYO -- The president and CEO of ANA Holdings, Shinya Katanozaka, attempted to reassure shareholders during the company's annual shareholders' meeting on Monday, saying the Japanese carrier has "no problems with financing for the time being" as it has "prepared a total of one trillion yen ($9.34 billion) in borrowings and credit lines."
Transportation
ANA CEO tries to reassure shareholders over airline's financing
Katanozaka stresses $9.34 bn in support will ease cash flow at Japanese carrier
ANA has seen a significant drop in demand as the coronavirus pandemic closed international borders and essentially grounded the airline industry globally. (Photo by Akira Kodaka)
Read Next
Latest on Transportation
