Delta is in talks to acquire part of JAL
September 11, 2009 — Delta Air Lines, JAL-Japan Airlines
Delta Air Lines (Atlanta) is reportedly in discussions to become the largest shareholder of Japan Airlines Corporation (JAL). DL now has a large presence in Tokyo with the NW merger. JA is part of the rival Oneworld Alliance and this move may have caught that alliance off guard. Is DL overreaching?
News link:
www.reuters.com/article/marketsNews/idINT30087420090911?rpc=44
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