Japan Airlines faces 'rough ride ahead' from rivals
Japan Airlines (JAL) shares rose modestly in their trading debut on Wednesday in Tokyo following a 663bn yen ($8.5bn) share offer or initial public offering that nearly doubled the money that went into the once-bankrupt carrier's bailout.
Analysts warn that the airline will face tough competition from rival carriers, against a background of slowing economies and high fuel prices.
The BBC's Leisha Chi reports on JAL's dramatic turnaround and re-listing.
19 Sep 2012
- From the section Business