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Oneworld offers $1.8 billion pledge to JAL
04 December 2009
Japan Airlines could receive an investment and revenue package worth $1.8 billion from its airline alliance.
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Japan Airlines
Oneworld
American Airlines
Tokyo
Canada
Japan Bank for International Cooperation
Mizuho Corporate Bank
Bank of Tokyo-Mitsubishi UFJ
Sumitomo Mitsui Banking Corporation
Oneworld alliance, one of the world’s largest global airline alliances, has offered an investment and revenue package worth up to $1.8 billion to Japan Airlines (JAL) in order to persuade the troubled airline to remain in the alliance.
The announcement was made Thursday in Tokyo. A JAL spokesperson said that JAL has not yet accepted the offer and declined to comment...
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