Air France-KLM

As airspace slowly reopens in parts of Europe and some airlines restart their service, the continent's aviation industry and the E.U. are trying to adjust to the historic economic disruptions brought on by ash from the Iceland volcano.

It seems that nearly every large carrier in the world wants to own a piece of Japan Air (JAL). Delta (NYSE:DAL) and Air France-KLM have already been said to be talking to the Asian carrier. Now one of JAL's major traffic-sharing partners, American Airlines (NYSE:AMR), may be ready to invest what...

It's possible your next flight to Tokyo might feature a choice of sushi, beef bourginon and soused herring if a report about Japan Airlines Corp.'s (JALSY) efforts to ally with Air France-KLM pan out. JAL is looking to expand its business in Europe and a capital alliance with Air France-KLM might...