is owed about 50 billion yen ($551 million).
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Kyodo news agency reported JAL was reconsidering a plan to sell shares in its group firms, suggesting that restructuring efforts needed to turn the company around might be slow to come.
"Even if they do get the funds, where's the prospect of growth? I don't see it
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"In some ways, bankruptcy might be the better option -- it would allow the firm to restart from a clean slate."
JAL has put on hold separate talks with Delta Air Lines and AMR Corp's American Airlines for a capital infusion and business ties, aiming to focus first on its own revival plan
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Ratings agency Moody's downgraded Japan Airlines International Co Ltd and put the JAL unit on review for a further possible downgrade.
($1=90.65 Yen)
(Additional reporting by Mayumi Negishi and Elaine Lies; Editing by Rodney Joyce & Ian Geoghegan)
Japan
Jamaica declared a state of emergency in two parishes of its capital Kingston on Sunday after shooting and firebomb attacks on police stations by suspected supporters of an alleged drug lord who faces extradition to the United States.
"A state of public emergency, limited to the parishes of Kingston and St. Andrew, has been declared and will come into effect at 6:00 p.m. (2300 GMT) today
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The limited emergency in the popular Caribbean tourist destination covered districts of the capital where gunmen on Sunday fired on two police stations and set fire to another. At least one policemen was injured.
The attackers were suspected supporters of Christopher "Dudus" Coke whom the government has called on to surrender to face a U.S. extradition request on cocaine trafficking and gun-running charges.
Streets into the poor Tivoli Gardens area of West Kingston, where Coke is believed t