Shares of Japan Airlines surged nearly 12 percent Monday following a report the government is expediting a rescue for the struggling carrier.
JAL calls on employees to take unpaid leave
Japan Airlines Corp. is calling on its employees to take unpaid leave in May and June due to a plunge in demand for air travel following the March tsunami and ensuing nuclear radiation crisis.
Global travel group opposes Delta-JAL tie-up
A group representing business travelers is opposing the proposed tie up between Delta Air Lines and money-losing Japan Airlines as bad for competition.
American, partners offer $1.1 billion to JAL
American Airlines upped the ante in the tug-of-war over Japan Airlines, vowing Thursday to lead a $1.1 billion investment in the struggling carrier to prevent it from falling into the orbit...
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