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As Japan Airlines nears a likely bankruptcy, two of the largest global airline alliances could see a shift of JAL from the OneWorld Alliance, which includes American Airlines, to the SkyTeam alliance, which is headed by Delta Airlines and Air France-KLM Group.

Japan Airlines has agreed on a tie-up with Delta Air Lines that will mean JAL joins the SkyTeam airline alliance, dropping its membership of the Oneworld alliance, a Japanese newspaper said on Saturday.

U.S. airlines, set to start reporting quarterly losses next week, are likely to offer more evidence of returning business travel demand as the industry gropes its way out of the 2009 economic recession.

American Airlines and its partners in the Oneworld alliance sweetened their offer to Japan Airlines to $1.4 billion to keep the struggling national carrier from joining hands with rival Delta Air Lines .

American Airlines and its partners in the Oneworld alliance sweetened their offer to Japan Airlines to $1.4 billion to keep the struggling national carrier from joining hands with rival Delta Air Lines .

Shares of Japan Airlines were flooded with sell orders on Tuesday on growing expectations the carrier is headed for bankruptcy and a delisting from the Tokyo exchange.

A state-backed fund in charge of turning around Japan Airlines wants to see a tieup between JAL and Delta Air Lines, Kyodo news reported on Monday.

A state-backed fund in charge of turning around Japan Airlines (JAL) wants to see a tieup between JAL and Delta Air Lines, Kyodo news reported on Monday.

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.

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.

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.

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.

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'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.

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 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, 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

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.

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.

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.

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.

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.

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 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 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.

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.

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 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 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.