Japan Air cuts China flights amid islands spat; Shares fall
Local Japanese News In English
Japan Air fell as much as 4.8 percent in Tokyo trading, dropping below its initial public offering price for the first time since returning to the stock exchange two days ago after an $8.4 billion initial public offering. China Southern Airlines Co. and other Chinese carriers have also pared services to Japan amid a boycott that prompted the cancellation of as much as 40 percent of planned trips to Japan last week by Chinese holidaymakers, according to Citigroup Inc. (Bloomberg)
Source: News On Japan