Japan Airlines has announced it has secured government approval for a loan that will allow it to continue flying. This is the fourth time the troubled carrier has been bailed out by the state-run Development Bank of Japan since 2001. The airline is struggling with big debts and a large pension fund deficit. Earlier, shares in the airline slumped almost 9% after one of the country’s biggest brokers said it had sold its entire holding in the troubled airline.

The carrier was only able to secure the loan once it had confirmed to the government that “convenience for users and corporate activities would be significantly affected”