JAL To Receive Capital Assistance From Delta Airlines -NHK
September 11 2009 - 5:52AM
Dow Jones News
Japan Airlines Corp. (9205.TO) will receive capital assistance
from the U.S.'s Delta Air Lines Inc. (DAL) in a move that would
help revive the ailing Japanese carrier, the country's national
broadcaster NHK reported Friday.
Delta will provide capital assistance worth several tens of
billions of yen to the Japanese airline, commonly known as JAL,
making it JAL's biggest shareholder, the report said.
Delta Air Lines was not immediately available for comment.
A spokesman at JAL said nothing has been decided with regard to
the contents of the NHK report.
-Tokyo Bureau, Dow Jones Newswires; 813-6895-7550