Japan Bails Out JAL; Would the U.S. Do the Same?

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Shares in JAL, the flagship carrier of Japan, rose by over 30% Monday as the Development Bank of Japan, which is backed by the government, said it would increase its credit line for the company to $2.2 billion. The move may not save JAL, but it gives the airline time to restructure, which means cost-cutting and reducing routes.

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