- Aug 20, 2002
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TOKYO (Dow Jones)--The president of Japan Airlines Corp. said Thursday that the bankruptcy protection filed by American Airlines Inc.'s parent company won't alter the Japanese carrier's alliance with its U.S. partner.
JAL also could help support its struggling U.S. peer in some operations such as customer services, the president said. It is hard to believe that American Airlines will trim or scrap routes to connect major cities between the U.S. and Japan as "their trans-Pacific business is generating favorable results," said JAL President Masaru Onishi at a press conference. JAL operates a total of nine trans-Pacific routes under a joint agreement with American Airlines, whose parent company AMR Corp. (AMR) filed for bankruptcy protection last week amid stiff cost competition and surging fuel expenses.
-By Yoshio Takahashi, Dow Jones Newswires; 813-6269-2791; [email protected]
(END) Dow Jones Newswires
12-08-11 0101ET
Copyright (c) 2011 Dow Jones & Company, Inc.
JAL also could help support its struggling U.S. peer in some operations such as customer services, the president said. It is hard to believe that American Airlines will trim or scrap routes to connect major cities between the U.S. and Japan as "their trans-Pacific business is generating favorable results," said JAL President Masaru Onishi at a press conference. JAL operates a total of nine trans-Pacific routes under a joint agreement with American Airlines, whose parent company AMR Corp. (AMR) filed for bankruptcy protection last week amid stiff cost competition and surging fuel expenses.
-By Yoshio Takahashi, Dow Jones Newswires; 813-6269-2791; [email protected]
(END) Dow Jones Newswires
12-08-11 0101ET
Copyright (c) 2011 Dow Jones & Company, Inc.