JAPAN AIRLINES

Japan Airlines is still short of the two-thirds support it needs from retirees to cut pension payouts, Japanese media reported on Monday, raising the prospect its pension fund will be dissolved in step with a bankruptcy filing.

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.

A state-backed fund crafting a restructuring plan for Japan Airlines is leaning toward a delisting of the carrier after it files for bankruptcy, a source with knowledge of the matter said.

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 creditor banks of Japan Airlines are in the final stages of deciding to accept a plan to put the carrier through bankruptcy as part of a state-led restructuring, three sources 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.

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

Debt-ridden Japan Airlines (9205.T) could get a $3.3 billion lifeline from a state-backed fund, provided the carrier files for bankruptcy and its banks agree to write off loans, a source familiar with the matter said

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 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.