Report: Delta in talks with Japan Airlines
Delta Air Lines is in talks to invest millions of dollars in Japan Airlines through a “capital tie-up,” and the two carriers are planning joint operation of international flights, according to a Japanese Broadcast Co. NHK report Friday.
It cited “close sources” as saying Delta has started negotiating to become a leading shareholder in JAL.
NHK said JAL is heavily in debt and “has suffered serious setbacks since the global financial crisis last autumn,” reporting a second quarter loss of $1.1 billion.
Report: Delta in talks with Japan Airlines
