TOKYO -- The parent of Japanese airline All Nippon Airways is looking into a roughly 100 billion yen ($920 million) syndicated loan from seven lenders as the carrier fortifies its balance sheet to cope with the drop-off in air travel demand.
Transportation
ANA eyes $920m loan as coronavirus drains cash
Japanese carrier seeks extra liquidity to cover plunge in travel demand
An ANA counter at Kansai International Airport: The financing sought by the carrier would go toward covering employee pay and ticket refunds. © Reuters
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