japan airlines

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 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 of rival Delta.

Japan Airlines said Friday it racked up a $1.5 billion loss and was seeking government help to fend off creditors as the beleaguered carrier struggles to recover from the travel industry's deepest slump in years.

Struggling carrier Japan Airlines said Friday it racked up $1.5 billion in losses during the first half and applied for government help to restructure.

The CEO of American Airlines is putting pressure on Japan Airlines to keep its alliance with American and ignore a competing bid from Delta Air Lines Inc.

Shares of Japan Airlines surged nearly 12 percent Monday following a report the government is expediting a rescue for the struggling carrier.

The president of Japan Airlines said Thursday the money-losing carrier is applying for public funds to help turn around a company that's been pummeled by the downturn in global air travel.

American Airlines, which is in talks with Japan Airlines, is seeking support from its Oneworld alliance partners, hoping they will help sweeten its offer of fresh capital and closer commercial ties.

Industry sources say American Airlines will team with British Airways and Qantas to make a joint alliance offer for troubled Japan Airlines

The struggling carrier aims to complete a deal with a foreign partner by mid-October, the company's chief executive said.