Well that was anticlimactic – it is now being reported that talks between Japan Airlines (JAL) and American and Delta have been put on hold. Hearing about a potential share purchase by American or Delta while both were making big liquidity moves certainly made the whole situation more exciting to watch.
While an investment from either carrier is certainly possible, now JAL will focus on restructuring with assistance from the government. And they need that assistance – it has now been reported that from April to July, more than a third of JAL’s domestic flights had a load factor less than 50%.
These latest developments are good for American and oneworld – for now – but this is far from over.
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