Thursday, January 21, 2010

Japanese Airline Company Caught in a Buyout Battle

In this article by MSNBC, Japan Airlines (JAL) is not the true "prize" that Both Delta and American Airlines is fighting over. Whoever buys out JAL will get an increased money flow, and more influence over Asian air. Passenger increases would be expected to go up by 3.8 percent for whoever gains control over JAL.

Japan Airlines has filed for bankruptcy and has a tarnished image because of of safety flaws found on some planes earlier this year, but this is not deterring either of the American companies. Customers have been switching to other Asian airline companies. But a coalition with an American company, JAL is expected to get back on track.

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