Japan's ANA mulls 200 billion yen share offer: Nikkei
ANA Holdings is considering issuing 200b yen ($1.9b) in shares to bolster its finances as the downturn in air travel drags on, the Nikkei newspaper reported. “We do not comment on speculative information. The story is factually wrong,” ANA said. Like other airlines, ANA has had to slash flights as countries imposed travel restrictions to halt the spread of the coronavirus. So far the carrier has relied on loans from its banks and government financial aid to cope with the slump.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2020-09-28/star/japans-ana-mulls-200-billion-yen-share-offer-nikkei
https://portal.staralliance.com/cms/logo.png
Japan's ANA mulls 200 billion yen share offer: Nikkei
ANA Holdings is considering issuing 200b yen ($1.9b) in shares to bolster its finances as the downturn in air travel drags on, the Nikkei newspaper reported. “We do not comment on speculative information. The story is factually wrong,” ANA said. Like other airlines, ANA has had to slash flights as countries imposed travel restrictions to halt the spread of the coronavirus. So far the carrier has relied on loans from its banks and government financial aid to cope with the slump.<br/>