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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.
Asian markets end mixed Friday as resource stocks in Australia decline along with commodity prices, while a battle for a piece of Japan Airlines lifts the carrier's stock and pushes Japan's benchmark above the 10,000 mark.
American Airlines on Thursday stepped up efforts to save its partnership with Japan Airlines by pledging $1.1bn in financial support for the troubled Asian 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).
What looked set to be a downbeat day on London's markets was reversed in afternoon trading as positive news on Wall Street rescued trade on this side of the pond.
SAN ANGELO, Texas —San Angelo struggled to get to work this morning as the first snow accumulation in three years transformed the landscape into a scene most West Texans usually see only in their dreams.Area school openings were delayed as roads turned treacherous in the early morning hours. Police, deputies and troopers attended dozens of minor collisions, but no serious crashes had been ...
WASHINGTON (Bloomberg) Japan and the U.S. will try to reach agreement on the draft of an "open skies" treaty next week, clearing the way for carriers including United Airlines and All Nippon Airways Co. to seek antitrust immunity. The agreement would outline plans to erase government limits on flights between the two nations. Such market access is required by the U.S. before it considers ...
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.
Miley Cyrus unveiled her new tat at the Fontainebleau pool, located in a naughty place
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...
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