Showing posts with label Delta. Show all posts
Showing posts with label Delta. Show all posts
Let the trash talking begin
Are you sure you want to pick AA, JAL?
Different media, including The Wall Street Journal, are now reporting that Japan Airlines has picked American Airlines over Delta. Mainly because of the costs and risks involved in switching alliance. And the new CEO Dr. Inamori had a friendly chat with his buddy at Washington regarding ATI approval on JAL and DL tie up. After that he has made up his mind. Supposing there will be a JAL press conference later today announcing their decision. While you guys are still cheering or mourning for the rumored alliance decision, here is something from The Wall Street Journal to read about: Agencies to Fault American on Maintenance. After reading this, I can't help but question whether JAL has picked the right US partner.
Rumor: JAL has decided to stick with AA
Either Japanese media have nothing to write on other than stirring up the Japan Airlines bidding war or JAL keeps flip-flopping, every other week we see reports saying JAL has picked Delta or American Airlines. This time the rumor said JAL has picked AA as their US partner. So is this true? Only the writer/reporter and JAL executives know.
Rumor: Inamori hesitates to end tie with AA
According to Nikkei.com, Delta might not be the sure winner in Japan Airlines' bidding war. Nikkei says JAL's new CEO Dr. Inamori "appears loathe to dump ally American". That's all I can read for free LOL. WSJ, Bloomberg, etc probably will pick up this new rumor later. I will just read more by then :)
Inamori: I will rebuild both domestic and international services and no decision on alliance yet (Update 3)
Kazuo Inamori held his inaugural press conference today at Tokyo. He talked about how he is going to rebuild Japan Airlines and of course the one question that concerns most people-whether JAL will choose AA or DL (sorry you will be disappointed by his answer to this question).
Rumor: JAL decided to dump AA for DL
Once again, there's a rumor floating around that Japan Airlines has made up its mind on the alliance issue. This time the rumor is from The Manichi Daily News. According to the report JAL will announce the new partner on Inamori's first day of work on Monday.
DOT: No guarantee for JAL ATI
Nikkei.com reports today that the US Department of Transportation (DOT) has informed japanese Civil Aviation Bureau that there is no guarantee that they will approve Japan Airlines' antitrust immunity. DOT has to completely review JAL's application before making any decision.
AA: We will "object vigorously" if JAL tie up with Delta
During the American Airlines quarterly earning conference call, AA CEO Gerard Arpey said they will "object vigorously" for any kind of cooperation between Japan Airlines and Delta. He also warned JAL that it would be unwise for them to switch to Delta as their US partner! To me, it sounds like someone is desperate :P
Air France-KLM joins JAL bidding war and doubles Skyteam's offer
Air France-KLM confirms report from Dutch daily De Telegraaf that they are in talks with Japan Airlines and Delta!
JAL: No decision has been made on alliance yet
Spokespersons from Japan Airlines, Delta and American Airlines all respond to the Yomiuri's report saying JAL and Delta has reached a basic agreement over business tie-up. They all denied the rumor according to Bloomberg.
“We haven’t reached a decision,” Sze Hunn Yap, the JAL’s spokeswoman
“We continue to be in discussions with JAL,” Betsy Talton, a Delta spokeswoman, said in an e-mail.
“We have no reason to believe this unsubstantiated and speculative report,” Charley Wilson, a spokesman for the AMR unit.
Rumor: JAL will join the Skyteam by April 2011
According to 47 News (in Japanese), Japan Airlines will switch to the Skyteam by April 2011. The highlights from the article are:
As long as JAL keeps LAX and HKG services (whether they are to NRT or HND), I will still be JALPak :) That's the only good news/rumor that cheers me up in the past week!
- JAL will file for bankruptcy.
- JAL will get delisted
- JAL will join the Skyteam by April 2011
- JAL and Delta will file for ATI
- JAL will focus on HND and starts with LAX-HND service in fiscal year 2011 :)
As long as JAL keeps LAX and HKG services (whether they are to NRT or HND), I will still be JALPak :) That's the only good news/rumor that cheers me up in the past week!
No capital tie-up, only business tie-up with US airlines
According to Nikkei, ETIC has decided a capital tie-up with either AA or Delta wouldn't do any good to Japan Airlines during the restructuring process. Therefore, JAL isn't picking for an alliance based on who's paying for more money (sorry AA), but who's providing more business synergy to JAL.
Rumor: AA has sweetened JAL's offer
The Wall Street Journal reports that American Airlines has raised its offer to Japan Airlines by USD300 million to USD1.4 billion! But JAL declines to comment whether that's true. Looks like AA is trying really hard to save the JAL relationship. Delta's CEO hinted they could raised the offer through partnership with a third party resources. So apparently the war is not over yet :)
Business Travel Coalition opposes JAL-Delta tie-up
Business Week reports that Business Travel Coalition, a global travel group representing 17 global corporations based in Brussels, opposes Japan Airlines-Delta tie-up. Reasons? Too much pricing power and decreased in competitions. They have sent a letter to the Transport Minister of Japan stating their views.
Looks like AA won't be the only one opposing JAL and Delta's ATI application if JAL switches alliance to the Skyteam. If JAL's ATI application doesn't get approved, the Japan-US open sky deal will most likely be off the table. If that's the case, who will be the biggest loser?
Looks like AA won't be the only one opposing JAL and Delta's ATI application if JAL switches alliance to the Skyteam. If JAL's ATI application doesn't get approved, the Japan-US open sky deal will most likely be off the table. If that's the case, who will be the biggest loser?
NO! JAL has NOT decided to tie up with Delta YET!
JAL against bankruptcy and prefers Delta
Japan Airlines CEO Haruka Nishimatsu did an interview with the Asahi on New Year, which is published today. In the interview, he states that he is against the idea of JAL filing for bankruptcy and dropping the entire JAL international network, and prefers Delta as JAL's overseas partner.
Rumor: JAL is likely to choose Delta over American
Ashai News (in Japanese) reports that Japan Airlines is likely to choose Delta over American Airlines as its overseas partner. But Asahi does not cite its sources and JAL "strongly denied" the report. Reuters has a brief translation of the article.
Delta's response to oneworld's offer: we will raise our offer if needed
Delta President Edward Bastian told reports in Tokyo today that they are willing to raise their offer if requested by the Japanese government according to Reuters.
Let the JAL bidding war begin
Delta and other Skyteam members have officially made a bidding on Japan Airlines yesterday. They made a preliminary offer of $1.02 billion. On the other hand AA and TPG were rumored to offer $1.46 billion of investment for JAL.
AA is fighting for JAL
American Airlines IS fighting for Japan Airlines too. They are not going to just throw in the white towel and let Delta and Air France steal JAL from them. AA is proposing a business joint venture and seek anti-trust immunity with JAL so they will be able to work closer together to maximize their profits.
Subscribe to:
Posts
(
Atom
)