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Monday, April 12, 2010

JAPAN: Aid shouldn't give JAL unlevel field, group says

Japan Airlines Corp., restructuring under a ¥900 billion government-backed plan, shouldn't allow the aid to distort competition, the International Air Transport Association said Monday.

"Restructuring has to be fast and painful," IATA Director General Giovanni Bisignani said in Tokyo. "They have to cut costs."

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