The funds will also be used to introduce Airbus 350s that are considered more environmentally friendly and are expected to be the airline's primary aircraft for international flights, JAL said.
The major Japanese airline will take out subordinated loans worth around
JAL can avoid share dilution by using the financing methods. Subordinated loans can count partially as capital.
The financing plan is "not just a defensive move to secure enough funds on hand, but it is also an aggressive one in preparation for the post-coronavirus era,"
JAL is among global airlines hit hard by a slump in passenger numbers due to travel restrictions brought on by the pandemic.
Last November, JAL raised around
JAL has a relatively strong financial base compared to its global peers, with a capital adequacy ratio standing at 42.4 percent at the end of June.
In fiscal 2020 ended March, JAL posted its first net loss since its 2012 relisting following rehabilitation. In the three months to June, the airline logged a net loss of
==Kyodo
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