Japan Airlines Co.'s initial public offering of $8.5 billion is said to be priced at 3,790 yen, which is the top end of the tentative range of 3,500 yen - 3,790 yen, according to media reports.
Reports added that the final price is likely to be announced later Monday, and JAL would begin trading on the Tokyo Stock Exchange September 19, capping a turnaround from bankruptcy which included paring more than a third of its workforce, scrapping routes and retiring older planes.
The carrier is returning to the stock market after a 2-year turnaround in bankruptcy protection that transformed it into the world's most profitable airline.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.