American Airlines said its proposed $1.1 billion investment in Japan Airlines could be increased, while the troubled Tokyo-based carrier was buoyed when its retirees indicated they would accept significant pension cuts. Following a meeting yesterday in Tokyo with Japanese Transport Minister Seiji Maehara, AA Chairman and CEO Gerard Arpey said on a conference call with reporters that the airline's joint bid with TPG Capital to assist with JAL's restructuring and ensure it remains in oneworld ...

Subscribe to Access this Entire Article

"American's Arpey pushes JAL bid in Tokyo meetings" 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?

Already registered? here.