Japan Airlines Corp. said it hasn’t decided on alliance proposals from Delta Air Lines Inc. or AMR Corp.’s American Airlines as it moves toward a probable filing for bankruptcy restructuring.
“We haven’t reached a decision,” Sze Hunn Yap, the JAL’s spokeswoman, said after the Yomiuri Newspaper reported today that the company and Delta Air Lines Inc. reached a basic agreement on a tie-up covering code-sharing services.
A state-backed fund is set to decide on a turnaround plan for JAL on Jan. 19 after the carrier sought help reorganizing following three losses in four years. The program will probably include a bankruptcy filing, according to three people familiar with the situation, which may wipe out investors.
“We continue to be in discussions with JAL,” Betsy Talton, a Delta spokeswoman, said in an e-mail.
Japanese Transport Minister Seiji Maehara has said he doesn’t expect a decision on JAL’s alliance partner this month.
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http://www.bloomberg.com/apps/news?pid=20601101&sid=a.Qap0OPTLKc
“We haven’t reached a decision,” Sze Hunn Yap, the JAL’s spokeswoman, said after the Yomiuri Newspaper reported today that the company and Delta Air Lines Inc. reached a basic agreement on a tie-up covering code-sharing services.
A state-backed fund is set to decide on a turnaround plan for JAL on Jan. 19 after the carrier sought help reorganizing following three losses in four years. The program will probably include a bankruptcy filing, according to three people familiar with the situation, which may wipe out investors.
“We continue to be in discussions with JAL,” Betsy Talton, a Delta spokeswoman, said in an e-mail.
Japanese Transport Minister Seiji Maehara has said he doesn’t expect a decision on JAL’s alliance partner this month.
Cтатья полностью:
http://www.bloomberg.com/apps/news?pid=20601101&sid=a.Qap0OPTLKc