Oct. 12 (Bloomberg) -- The government may adopt so-called alternative dispute resolution, or ADR, to restructure Japan Airlines Corp., the Yomiuri newspaper said.

Under ADR, Japan Airlines and 20 or more of its financial institutions creditors would agree to ways to reduce the Tokyo- based carrier’s burden by cutting and securitizing part of its debt, the Yomiuri said, without saying where it got the information.

The government may also consider injecting public funds, depending on the airline’s financial condition, according to the report.

To contact the reporter on this story: Norie Kuboyama in Tokyo at nkuboyama@bloomberg.net.

Last Updated: October 11, 2009 21:19 EDT