Crisis-stricken airline giant Japan Airlines plans to raise the equivalent of 300 billion Japanese yen, equivalent to 23.3 billion Swedish kronor, through various hybrid loans, among other things, to get through the corona crisis.

It has only been a couple of months since the company last raised new capital through a new share issue, even though the company's losses have decreased significantly since the start of the pandemic. Last month, it stated 

Japan Airlines reported a monthly loss of five billion Japanese yen compared to 15 billion yen per month in the previous quarter.

Source: TT