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TOKYO: Struggling Japan Airlines (JAL) was offered a US$1.1 billion lifeline yesterday from partners led by American Airlines, amid a bidding war with Delta Air Lines for a piece of Asia's biggest carrier.
American Airlines yesterday stepped up efforts to save its partnership with Japan Airlines, the troubled carrier that is the linchpin of its Asian network, by promising a $1.1bn investment to support the group.
AMR Corp. (AMR), the operator of American Airlines and regional airline American Eagle, said late Thursday that traffic declined at American Airlines and rose at American Eagle in November.
Though airlines are silent on membership and qualifications, several maintain programs that operate as "top tiers" to frequent-flier plans.
American Airlines and its Fort Worth equity partner, TPG, have offered to invest $1.1 billion in the struggling Japan Airlines.
SAN FRANCISCO -- AMR Corp. , the operator of American Airlines and regional airline American Eagle, said late Thursday that traffic declined at American Airlines and rose at American Eagle in Novembe...
TOKYO: American Airlines said it, Oneworld alliance members and private equity fund TPG would be willing to invest US$1.1bil in Japan Airlines to match a similar bid from rival Delta and the SkyTeam alliance.
(AP:FORT WORTH, Texas) American Airlines cut its November flying, so even with a slight drop in demand, its planes were fuller.
President Obama offered no promise that he could do much to ease joblessness quickly even as he comes under pressure from his own party to do more.
Confronted with concern that his own ambitious agenda and the uncertain climate it has created among employers have slowed hiring, the president defended his policies.
Boeing Co is urging airlines to carry out a major retrofit on over 220 of its 777 jets in the light of a series of potentially dangerous incidents of overheating and chronic structural damage to engine parts, the Wall Street Journal reported.
TOKYO: Struggling Japan Airlines (JAL) was offered a US$1.1 billion lifeline yesterday from partners led by American Airlines, amid a bidding war with Delta Air Lines for a piece of Asia's biggest carrier. JAL, which last month reported its fourth straight quarterly loss, has been hovering on the brink of bankruptcy At a press conference here, American, the oneworld alliance - which now groups ...
Japan's All Nippon Airways (9202.T) said it and fellow StarAlliance members United Airlines and Continental Airlines plan to apply for antitrust immunity to allow closer cooperation on transpacific routes.
Danger -- wide load! Federal aviation authorities investigated an Internet photo showing a massively fat flier's flab oozing hazardously into the aisle of an American Airlines plane -- but said yesterday that before the flight took off, attendan...
Japan’s Nikkei stock average closed above 10,000 on Friday for the first time in five weeks and rose 10.4 percent on the week, its biggest weekly gain in over a year.
Airline stocks rose Friday amid new enthusiasm for the sector that began with positive analyst notes earlier this week and has continued with monthly traffic reports that generally showed gains or small declines.
Open slideshowAFP/File
Open slideshowReuters
Open slideshowReuters
Open slideshowAFP/File
