JAL to shelve talks with Delta, American: report
Mon Oct 5, 2009 8:13am EDT
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TOKYO (Reuters) - Japan Airlines Corp (JAL) (9205.T) plans to put on hold tie-up talks it has been holding separately with Delta Air Lines (DAL.N) and AMR Corp's (AMR.N) American Airlines, Japan's Kyodo news agency reported on Monday.
Delta and a rival group led by American Airlines have been in talks to invest in JAL and form closer ties with it, eyeing expansion in Japan and the rest of Asia. JAL is Asia's largest airline in terms of annual revenue.
So, what is the good and bad for Delta?
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The European Commission said Friday that it had some antitrust objections to the proposed co-operation among the American Airlines, British Airways and Iberia on transatlantic routes as it could cut competition.
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The pilots and cabin crew of an Air India flight brawled at 30,000ft after a stewardess accused a co-pilot of sexual harassment.
The cockpit of the Airbus A320 was reportedly left unmanned during the scuffle and at one point a pilot allegedly threatened to land Flight IC-844, from the United Arab Emirates to Delhi, in Pakistan, which it was flying over. According to Indian media reports, crew members threw punches and hurled abuse at each other in full view of 106 passengers.
Last edited by forgot to bid; 10-05-2009 at 04:54 AM.