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JAL

American Airlines' parent company AMR Corp. posted a narrower fourth-quarter loss Wednesday, helped by lower fuel costs and increases in revenue from passenger fees, but results missed Wall Street's forecast.
Japan Airlines Corp. today became the millionth or so carrier to seek protection from its creditors in the last few years in Japan's fourth biggest bankruptcy. The filing came after a 900 billion yen ($10 billion) turnaround plan after four government bailouts to revive Asia's most indebted carrier failed.
The federal government has bailed out one industry. Would it do the same for the airlines?
A number of media, including the Nikkei business daily, are reporting that the Japanese government is considering taking its huge flagship carrier JAL into bankruptcy. The news follows recent proposals by both American and Delta over the last several weeks to put $1 billion into JAL.
Speaking to the media in Tokyo, AMR (AMR) CFO Tom Horton said that his company would work with the Japanese government to save carrier JAL. AMR and private equity team TPG are offering $1.1 billion toward a restructuring package designed to keep the airline flying, and to keep it within the...
Trading in Hong Kong Tuesday was hampered by a severe tropical storm that delayed the opening of the stock market until 2:30 p.m. By the end of the shortened session, which lasted only an hour and a half, the Hang Seng had slipped 66 points to close at 20,866 -- a loss of .3 percent. Active stocks...
Officials at Japan Airlines (JALSY) aren't acknowledging rumors swirling about link-ups with other airlines that could infuse Asia's largest airline with some much-needed cash. But traders in Japan on Monday, evidently giddy over the prospect, sent shares soaring. Shares of JAL jumped 8 percent in...
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...

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