2010-02-07

JAL-DELTA JOINT VENTURE TALKS STARTS OVER AGAIN

FROM Yomiuri Shimbun, FEBRUARY 7

Japan Airlines, once made a basic agreement with Delta for strategic alliance, has decided to start the talk afresh.

This decision reflects the opinions of Kazuo Inamori, a new chairman of the board. JAL will compare the two possible partners, Delta and American Airlines and will make a final decision after February 8 when its board will be filled by new members.

Originally JAL planned to announce details of a new joint venture plans with Delta in early February since they had reached an agreement with Delta on working level.

Joint venture with Delta is being endorsed by more from Enterprise Turnover Initiative Corporation who acts as receiver of JAL's rehabilitation as well as the Ministry of Land and Transportation as Delta has more density of air routes.

On the other hand, JAL is now a member of One World alliance member and it will change its membership to Sky Team if JAL-Delta joint venture comes true.Inamori as well as some members of JAL board are reportedly insisting a further study a possible confusion and effect to corporate profit by alliance membership changeover.

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