3 months ago
Delta Air Lines and its alliance partners are making a billion dollar offer to lure loss-making Japan Airlines from its current affiliation with American Airlines.
Delta said Wednesday the deal was aimed at drawing JAL to its
SkyTeam alliance JAL is Asia's largest airline but its business is struggling.
The carrier said last week it booked $1.5 billion of losses in the
first half of the current fiscal year and was seeking government
help in dealing with its creditors.
The Japanese company has been American's partner since the
mid-1990s. They sell tickets for each others' routes as well as
sharing revenue and customer frequent-flier bonuses.
JAL is seen as valuable partner because of its routes in China
and Japan.
Associated Press
