TOKYO -- Japan's ANA Holdings will request a government guarantee for part of the 1.3 trillion yen ($12 billion) in credit lines the carrier is asking from public- and private-sector lenders as its revenue plunges amid the coronavirus pandemic, Nikkei has learned.
Transportation
ANA seeks state guarantees as it borrows $12bn
Japan emergency declaration risks further damage to weak air travel demand
Japanese carrier ANA Holdings is losing 100 billion yen a month as the coronavirus pandemic forces drastic service cuts. © Reuters
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