Japan Airlines JAL News Page 16
Oneworld’s ‘total value proposition’ makes it by far the best alliance for Japan Airlines
The leaders of all Japan Airlines’ partners in the oneworld® alliance issued this declaration today to their colleagues at the airline, to the Japanese government and to the country’s flying public: oneworld is by far the best alliance for JAL.
Delta throws JAL $1bn lifeline
Delta Airlines has offered struggling Japan Airlines a $1bn incentive to leave the Oneworld Alliance. The US carrier is leading the SkyTeam group of airlines in a bid to rescue the struggling Japanese carrier – on the condition it leaves the rival alliance.
JAL racks up $1.5 billion first-half loss
Japan Airlines has revealed a $1.5 billion loss as it struggles to recover from the travel industry’s deepest slump in years. The company is seeking government help to deal with creditors.
Arpey says JAL should stick with oneworld
American Airlines is working hard to keep Japan Airlines Corp. in the oneworld alliance, offering to expand cooperation and inject funds into the debt-ridden carrier, which is currently seeking aid from the Japanese government.
Further losses at JAL means no pay
Executives at Japan Airlines will forgo their December pay in as the debt ridden national carrier hurtles towards a fourth year of losses in five. The company is expected to report another heavy loss on Friday when it announces second-quarter results
JAL will seek state aid
Japan Airlines Corp has confirmed it will apply for assistance from the state-backed Enterprise Turnaround Initiative Corporation (ETIC).
State will step in at JAL
According to a report in the Nikkei business daily the Japanese government will step up its involvement in the reconstruction of Japan Airlines, aiming to ensure a turnaround in the fortunes of the struggling airline.
JAL slump raises bankruptcy option
Japan Airlines Corp shares have fallen 12 percent to a record low and there are suggestions that bankruptcy may be an option for one of Asia’s biggest airlines despite pledges from the Japanese government that they will support the troubled carrier.
JAL to Code Share with Vietnam Airlines on Fukuoka-Hanoi Route
Japan Airlines (JAL) will start code sharing on flights operated by Vietnam Airlines (VN) between Fukuoka and Hanoi from October 27, 2009, with reservations and ticket sales starting today.
JAL Reopens Renovated Lounge at Frankfurt Airport
After extensive renovations, Japan Airlines (JAL) will reopen its lounge in the departure hall of Frankfurt International Airport on October 26, 2009.
JAL Group Monthly Traffic Data - August 2009
JAL Group’s traffic data for the month of August, 2009.
JAL shelves talks with Delta and AA
Beleaguered Japan Airlines has temporarily shelved plans to seek a bailout from a foreign carrier until a Japanese government taskforce finishes a review of its financial structure. Delta Air Lines and American Airlines were in separate talks to invest in JAL as a means of gaining foothold in Japan and Asia, but must now wait for the completion of the review.