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6-Nov-2009 12:00 PM

Rescue package for JAL "impossible" by year-end

Enterprise Turnaround Initiative Corp of Japan President, Hiroshige Nishizawa, stated a rescue package is likely to be compiled in Jan-2010 or sometime thereafter, adding that the formation of a rescue plan by year-end “will be impossible” (Kyodo News, 06-Nov-2009).

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