JPNRF - Japan Airlines Faces Over $100M Loss After Tragic Plane Collision At Haneda Airport | Benzinga
In a recent development, Japan Airlines Co Ltd (OTC:JAPSY) has estimated a loss exceeding $100 million as a result of a catastrophic plane accident at Tokyo’s Haneda airport.
What Happened: An Airbus SE (OTC:EADSF) operated by JAL collided with a smaller Coast Guard plane on the airport runway earlier this week. The collision led to an immense fire that completely destroyed the Airbus, which was carrying 379 passengers.
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An investigation regarding the circumstances leading up to this unfortunate incident has been initiated by Japanese authorities. This investigation includes a focus on potential professional negligence. Transcripts disclose that the Coast Guard plane was instructed to go to a holding point near the runway, but it had not been given clearance for takeoff when the collision occurred.
The anticipated financial loss from this accident is approximately ...