Delta and SkyTeam offer 1 billion for JAL

[rtmcfi]

http://www.nytimes.com/aponline/2009/11/18/business/AP-AS-Delta-Japan-Airlines.html

TOKYO (AP) -- Delta Air Lines and its alliance partners said Wednesday they are making a billion dollar offer to lure loss-making Japan Airlines from its affiliation with American Airlines.
Delta is ''by far the strongest partner for Japan Airlines,'' company president Edward Bastian told reporters in Tokyo, escalating the tug-of-war for a minority stake in Japan's flagship carrier.
The offer from Delta and the SkyTeam alliance includes a $500 million capital investment, $300 million in short-term revenue guarantees, and $200 million in asset-backed financing for the airline, known as JAL.


Well, here is where your pension $ is going........

 

[ACL65PILOT]

And AMR has already publicly stated that they will beat it. I bet the Japanese and JAL are loving this!

 

[ultrarunner]

Good good to be wanted!

 

[Mea25000]

I think DAL is just running up the price to cripple AMR.

 

[ACL65PILOT]

I think DAL is just running up the price to cripple AMR.

I have thought that too, but there are some real issues with Haneda access and us not getting any with open skies.

 

[EMBpilot]

Any news on that?
Thx

 

[dicko]

Any news on that?
Thx

Your a TL. How do you like them apples.

"License to chill" .... My god man. Truly pathetic.

 

[EMBpilot]

Your a TL. How do you like them apples.

"License to chill" .... My god man. Truly pathetic.

OK It is an anonymous forum you can say what you want. Apples? Did you run out of meds?

I simply what to follow the news on the JAL situation. Is that OK with you?

 

[EMBpilot]

PS Pathetic is flying for a LCC. Prostitution of the career.

I work at a major, fly very little and run two businesses on side averaging 70K/month in the recession so I call it license to chill.
Feel free to ask personal questions through pm.

 

[ACL65PILOT]

AMR upped their offer, we stated we would up our a little more. IMO JAL wants Skyteam, and we will show an unwillingness publicly to keep upping the price to one-up AMR.

 

[AWACoff]

I don't believe JAL will not leave for Skyteam. American can't afford to lose JAL.

 

[crj567]

PS Pathetic is flying for a LCC. Prostitution of the career.

I work at a major, fly very little and run two businesses on side averaging 70K/month in the recession so I call it license to chill.
Feel free to ask personal questions through pm.

-Why bother wasting your time flying airplanes, Trump? I mean, 70K a month? With what has become of this industry, the meager airline wages you earn won't even cover the property tax on your little "cabin" in Vail. Why don't you just move along and go spend all your valuable time with other endeavours? Perhaps you can turn that 70K per month into 170k if you actually gave it some full-time effort.

-Can I be your next apprentice?
-Where the hell is that Grey Poupon, anyhow?

 

[General Lee]

-Why bother wasting your time flying airplanes, Trump? I mean, 70K a month? With what has become of this industry, the meager airline wages you earn won't even cover the property tax on your little "cabin" in Vail. Why don't you just move along and go spend all your valuable time with other endeavours? Perhaps you can turn that 70K per month into 170k if you actually gave it some full-time effort.

-Can I be your next apprentice?
-Where the hell is that Grey Poupon, anyhow?

You forgot the questions you are required to ask: "Would you like fries with that?" And, "what would you like me to do to you in the bathroom for $20 bucks, sailor?"


Wake up McFry!


Bye Bye--General Lee

 

[Scope out RJ's]

You forgot the questions you are required to ask: "Would you like fries with that?" And, "what would you like me to do to you in the bathroom for $20 bucks, sailor?"


Wake up McFry!


Bye Bye--General Lee

Actually, it's $5, we're in a recession! And he wears that really cool ASA f/o's uniform and keeps his hat on for it!:laugh:

 

[BILL LUMBERG]

CRJ567 can't say $hit with out Scope pointing out his 5 dollar (ahem) "services".

And that my friends.....is justice!