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Industrials

UPDATE 1-Japanese airline ANA to seek loans amid coronavirus - sources

(Updating with confirmation from airline)

TOKYO, March 23 (Reuters) - Japan’s biggest airline, ANA Holdings Inc, will seek loans as part of measures against the spreading coronavirus pandemic, two sources said on Monday.

The airline has put forward a plan to its labour union to furlough 5,000 cabin crew from next month for as long as a year, a spokesperson told Reuters.

“We do not comment on future financial conditions and the health and safety of our passengers and employees will always be our top priority,” she said.

Reporting by Kevin Buckland and Maki Shiraki; Editing by Muralikumar Anantharaman and Louise Heavens

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