Maybe this time we can get a 20 year no furlough clause if we give up 1 more seat to the DCI...:eek:

What's up with this? Is this something to worry about or are Richard and Ed Pinky and the Brain, trying to take over the world!

Delta to become biggest shareholder in JAL: NHK - MarketWatch

Make sure they don't allow "forced manure" this time.

Another Delta Air Lines "Branded" Service.

What do JAL crews get paid? Another JV at the least. :mad:

I told you this was coming. It is a way to combat Japan's Open Skies which in effect nulls the Fifth Freedom rights.

I smell another JV! Me thinks that is part of the Negotiating Committees Report today.


I bet they do a lot of intra-Asia flying for us. Does the comment that they are debating the SEA ER base make sense now!!!!!

We have Billions of Yen to spend, Awesome!

Could also be a way to get a Japanese/Asian player into SkyTeam.

I know it's not necessarily the same market, but partnerships helped kill the intra european operations.

Don't know any details, but I already don't like how this smells.

By the end, we'll be called, "DelAirJalFrancItaliEva" airline... amazed at how this industry has become. If we think the financial industry has enough shell game, watch out, here we come!

!


TOKYO, Sept 11 (Reuters) - Delta Air Lines (DAL.N), the world's biggest carrier, is in talks to invest in struggling Japan Airlines Corp (JAL) (9205.T) and become its top shareholder, Japanese media said on Friday.
Public broadcaster NHK and Kyodo news said Delta was in talks to invest several tens of billions of yen (several hundred million dollars) in JAL, Asia's largest airline by revenue, as part of a business alliance.


"I can't verify what has been reported by NHK and can't comment further at this time," said a JAL spokeswoman.


JAL is headed for its second straight loss this business year and is restructuring under state supervision after receiving a 100 billion yen credit line backed by the government.


JAL and Delta are also talking about code-sharing on international flights, Kyodo and NHK said.

(Keep in mind this is all from a reporter, but it doesn't sound to far fetched!)



JAL reported a 50.9 billion yen operating loss for the year to March 2009 and has forecast a 59 billion yen loss for the current year, as it struggles to control costs and suffers along with other airlines due to a slump in global travel.
Delta became the world's leading airline when it acquired Northwest Airlines in October.

JAL is losing money, they have a few big 777s, DAL to become top shareholder, DAL may need more 777s?