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JAL to get more credit

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JAL to get more credit

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Struggling Japan Airlines continues its bumpy ride.

Its shares shot up by 31 percent on Monday as the government asked the state-owned Development Bank of Japan to double its credit line for JAL to 1.5 billion euros.

That would prevent it running out of cash pending a possible bailout.

Last week JAL’s shares lost a quarter of their value on fears it could go bankrupt.