American Airlines yesterday confirmed that its offer to invest in Japan Airlines in conjunction with TPG Capital has been raised by $300 million to $1.4 billion and said it and oneworld partner British Airways will enhance cooperation with the troubled Tokyo-based carrier to enable it to generate an additional $500 million in revenue over the next three years. AA has been jockeying with Delta Air Lines to take a stake in JAL, which appears to be on the verge of entering a court-monitored ...

Subscribe to Access this Entire Article

"American, oneworld offer incentives to keep JAL in alliance" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.