American Airlines Stories
Delta, American investment in JAL put on ice: source
Delta Air Lines and American Airlines will not be invited to invest in Japan Airlines until after a new management has been put in place, if ever, a person familiar with the matter said.
JAL lenders to cave in to bankruptcy plan: sources
The main lenders to Japan Airlines plan to accept a restructuring package that would require the carrier to file for bankruptcy, sources said, increasing the likelihood of a state bailout this month.
JAL to nix Delta, AA aid: source
Delta Air Lines and American Airlines will not be invited to invest in Japan Airlines until after a new management has been put in place, if ever, a person familiar with the matter said.
JAL to decline financial aid from Delta, AA: report
A state-backed turnaround fund is likely to decline financial aid for Japan Airlines from Delta Air Lines or American Airlines and limit an alliance to a business tie-up, a newspaper reported on Sunday.
JAL lenders to cave in to bankruptcy plan-sources
The main lenders to Japan Airlines plan to accept a restructuring package that would require the carrier to file for bankruptcy, sources said, increasing the likelihood of a state bailout this month.
Japan government to explain to 35 nations on JAL: report
Japan's government is set to explain through diplomatic channels the situation of Japan Airlines Corp , increasingly likely to go bankrupt, to some 35 nations the airline serves, Yomiuri newspaper said on Saturday.
Bankruptcy fears hit Japan Air as government mulls aid
Shares in Japan Airlines Corp tumbled on Friday as media reports and comments from government officials heightened fears Asia's biggest carrier by revenue will file for bankruptcy as part of a state bailout.
American Airlines ups JAL offer to $1.4 bln: report
American Airlines has raised its offer of investment in Japan Airlines Corp by $300 million to $1.4 billion, the Wall Street Journal reported on its Web site.
Japan's new finance minister endorses JAL bailout
Japan's new finance minister, Naoto Kan, said he expected a state-backed fund to support Japan Airlines (9205.T), fuelling growing expectations that Asia's largest carrier by revenue will be bailed out with public money
JAL shares fall on report govt agencies eye bankruptcy
Shares of Japan Airlines fell nearly 7 percent on Wednesday after a newspaper said the carrier's main creditor and the finance ministry support bankruptcy as a way to restructure the heavily indebted airline.
JAL shares fall on report DBJ, MOF seek bankruptcy
Shares of Japan Airlines fell more than 4 percent on Wednesday after the Nikkei business daily reported the Development Bank of Japan and the Ministry of Finance are seeking court-led bankruptcy proceedings.
JAL may keep listing under state rescue plan-source
Japan Airlines Corp could remain listed after filing for bankruptcy in a restructuring plan under consideration by a state-backed turnaround fund, a person with knowledge of the matter said.
JAL shares jump as gov't seeks funding boost
Shares of Japan Airlines Corp jumped 36 percent to bounce back from a plunge last week after the government sought to boost the amount of funds available to the struggling carrier.
JAL against bankruptcy, favors Delta offer: report
The president of Japan Airlines Corp said he is against a bankruptcy proceeding under a state restructuring plan and has no plans to completely withdraw the carrier from overseas flights, the Asahi Shimbun reported.
JAL stock hits record low on bankruptcy fears
Japan Airlines Corp stock tumbled as much as 32 percent to a record low on Wednesday on growing expectations the struggling carrier was headed for bankruptcy under a state restructuring plan.
Wall Street set to lose ground as global shares drop
Wall Street was poised for a lower open on Wednesday, taking a cue from a decline in global markets, as investors found little reason to propel stocks higher as the market's solid year draws to a close.
Stock futures fall with global stocks, year-end in focus
Stock index futures fell on Wednesday, taking a cue from a decline in global markets, as investors found little reason to propel stocks higher as the market's solid year draws to a close.
JAL shares touch record low on bankruptcy worries
Shares of Japan Airlines Corp fell as much as 11 percent to renew a record low on Tuesday as investor worries mount the carrier will be restructured in bankruptcy court as part of a state bailout.
Air travel hassles worse after scare; shares dip
Frequent flyers grudgingly remove their shoes and keep liquids in tiny bottles to appease airport security, but measures imposed after a foiled Christmas Day terror plot could tempt frustrated travelers to find alternatives to commercial airlines, experts say.
Wall Street gains on holiday sales data
Wall Street ticked higher on Monday as retailers' shares rose on data for the key holiday shopping season that indicated improved consumer spending while rising commodity prices lifted the natural resource sector.
Wall St gains on holiday sales data; airlines slide
Wall Street ticked higher on Monday as retailers' shares rose on data for the key holiday shopping season that indicated improved consumer spending while rising commodity prices lifted the natural resource sector.
Airline shares weaker amid renewed terror concerns
Airlines shares were broadly lower on Monday after a Nigerian man was charged with trying to blow up a Northwest Airlines plane on Christmas Day.
JAL bankruptcy proposed as option to banks: sources
A state-backed turnaround fund may seek to put Japan Airlines Corp through bankruptcy court as part of a restructuring of the struggling carrier, two sources with knowledge of the matter said.
JAL bankruptcy proposed as option to banks-sources
A state-backed turnaround fund may seek to put Japan Airlines Corp through bankruptcy court as part of a restructuring of the struggling carrier, two sources with knowledge of the matter said.
American Airlines plane crash-lands in Jamaica, 90 hurt (photos+ video)
An American Airlines Boeing 737 (AA331) carrying more than 150 passengers and crew overshot the runway last night in Kingston, Jamaica.
American Airlines plane overshoots Jamaica runway
An American Airlines Boeing 737 overshot the runway while landing at Kingston international airport in Jamaica late on Tuesday, and around 40 passengers were treated in the hospital, some for broken bones, authorities said.
Japan won't guarantee loans to struggling JAL
Japan's government will not offer guarantees on funding to Japan Airlines Corp (9205.T), Finance Minister Hirohisa Fujii said on Tuesday, eliminating one potential support for the carrier as it struggles for survival.
U.S. airlines sue over EU emissions regulation
Major U.S. airlines have mounted a legal challenge to European Union regulations that would cap allowable jetliner emissions and force carriers to pay up for exceeding limits.
JAL likely to choose Delta over American: report
Japan Airlines Corp is likely to choose Delta Air Lines as its overseas partner, ending its ties with American Airlines and the Oneworld alliance, Japan's Asahi newspaper reported on Friday.
American says could top up $1.1 bln offer to JAL
American Airlines said that it, private equity firm TPG and Oneworld alliance partners could increase their $1.1 billion investment offer to Japan Airlines (9205.T), depending on the struggling carrier's restructuring plan.