American Airlines next week will announce that its offer in conjunction with TPG Capital to invest $1.1 billion in troubled Japan Airlines has been raised to $1.4 billion, according to The Wall Street Journal. AA reportedly met with JAL officials yesterday and informed them of the improved offer. Neither airline confirmed the report. AA and Delta Air Lines are jockeying to participate in JAL's restructuring, which could take the form of a court-monitored bankruptcy proceeding (ATWOnline, ...

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