{"id":384900,"date":"2020-11-19T09:24:03","date_gmt":"2020-11-19T03:54:03","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=384900"},"modified":"2020-11-19T11:05:59","modified_gmt":"2020-11-19T05:35:59","slug":"japan-airlines-raises-more-than-expected-1-8-billion-in-new-share-sale","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/japan-airlines-raises-more-than-expected-1-8-billion-in-new-share-sale\/","title":{"rendered":"Japan Airlines raises more than expected $1.8 billion in new share sale"},"content":{"rendered":"<p>Japan Airlines Co Ltd said on Wednesday it raised a more-than-expected $1.8 billion in a share sale which was aimed at strengthening its finances amid the coronavirus pandemic.<\/p>\n<p>The airline benefited from a rally in the stock market that was driven by hopes for a swift global economic recovery from the Covid-19 pandemic on vaccine-related developments.<\/p>\n<p>Japan Airline shares have risen 7% since the share sale was announced on Nov. 6. The shares plunged the day after the announcement on concern about dilution.<\/p>\n<p>&#8220;We have issued new shares that are equivalent to 30% of the existing shares. We will have to generate profits that would offset the dilution,&#8221; said Yuichiro Kito, general manager for finance at an online media briefing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Japan Airlines Co Ltd said on Wednesday it raised a more-than-expected $1.8 billion in a share sale which was aimed at strengthening its finances amid the coronavirus pandemic. The airline benefited from a rally in the stock market that was driven by hopes for a swift global economic recovery from the Covid-19 pandemic on vaccine-related developments. Japan Airline shares have risen 7% since the share sale was announced on Nov. 6. The shares plunged the day after the announcement on concern about dilution. &#8220;We have issued new shares that are equivalent to 30% of the existing shares. We will have [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[176,146,130],"tags":[],"class_list":["post-384900","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-deccan-herald-newspapers","category-deccan-herald-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/384900","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=384900"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/384900\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=384900"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=384900"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=384900"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}