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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.
TOKYO: American Airlines, the oneworld alliance and private equity firm TPG on Thursday offered to invest US$1.1 billion in struggling Japan Airlines (JAL).
Mark Cuban, who will host World Wrestling Entertainment's RAW on Monday at American Airlines center, shrugged off a challenge by up-and-coming WWE star Cody Rhodes on Thursday.
American Airlines and its partners on Thursday countered Delta Air Lines ’ recent offer of $1 billion in support for Japan Airlines with a deal it argued was “vastly superior,” escalating a tug-of-war over the troubled Japanese carrier.
President Obama hosted a forum with scores of business and labor leaders and economic advisers to both political parties to field “every demonstrably good idea” for creating jobs.
After a photo emerged yesterday of an overweight man on an American Airlines flight, flooding the aisle with flab, Federal aviation authorities investigated the image. Apparently before being airborne, flight attendants gave the man two extra seats, which is in line with safety rules, according to the NY Post . This was accomplished by offering another passenger a ticket for a later flight, so ...
American Airlines said it and other members of the Oneworld airline alliance along with private equity fund TPG are willing to invest $1.1 billion in Japan Airlines (9205.T) to prevent it defecting to Delta Air Lines and the rival Skyteam group.
Dec. 4 (Bloomberg) -- The U.S. and Japan will try to reach agreement on the draft of an “Open Skies” treaty next week, clearing the way for carriers such as United Airlines and All Nippon Airways Co. to seek antitrust immunity.
President Obama called on business leaders Thursday to help the administration kickstart hiring as policymakers contend with rising unemployment that's weighing down the economy.
Deutsche Bank was also optimistic on the airline after the November figures, and helped push its shares up 5.8p to 212p, making it the biggest riser in the FTSE 100 index. There is however another wor...
Most airline executives are weighing how many flights to cut and from where.
American Eagle, which does regional flying for American Airlines, flew fuller planes in November as traffic jumped 11.7 percent, outstripping an 6.8 percent increase in available seats. Not counting its Executive Airlines unit, traffic was up 12.6 percent to... American airline - Executive Airlines - Airline - Business - Transportation and Logistics
SAN DIEGO, CA--(Marketwire - 12/03/09) - e.Digital Corporation (OTC.BB: EDIG - News ), a leading technology innovator of dedicated portable entertainment systems and patented flash memory-related technology, announced today the delivery of eVU(TM) portable in-flight entertainment (IFE) systems to North American Airlines. The delivery was made pursuant to a new eVU systems and services order ...
TOKYO: American Airlines Inc has said that it is prepared to invest up to $1.1 billion in Japan Airlines Corporation together with its global Oneworld alliance members and private equity firm TPG Inc.
Airline stocks were mixed Thursday as broader markets inched higher and oil prices fell slightly. Investors were on the sidelines in the airline sector after the parent of American Airlines upped the ante in the tug-of-war over Japan Airlines on Wednesday.
NEW YORK (MarketWatch) -- Airline stocks climbed Friday after the U.S. monthly unemployment rate fell unexpectedly, a potential harbinger to economic and airline industry growth. At last check, t...
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