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.
Details of oneworld's offer
oneworld has issued a press release outlining the details of its offer to Japan Airlines. It also explains why oneworld is the "best" option for JAL.
Below are the highlights:
Below are the highlights:
- All oneworld airlines' CEO reaffirm support to JAL
- The offer to JAL is value at USD1.8 billion, which include cash investment and revenue opportunity.
- oneworld has the most suitable hubs and network for JAL and could deliver more premium passengers to JAL than Skyteam.
- JAL has to best chance to get antitrust immunity approval with AA and therefore securing a stable and successful future.
AA and OW offer $1.1 billion
Bloomberg reports that AA, together with Oneworld and TPG, will offer as much as $1.1 billion investment to Japan Airlines. This is double of the amount Delta offered. The report doesn't provide investment distribution though. It would be interesting to see which OW carriers and how much they are willing to invest on JAL. My bet will be AA is the one who provide most of the investment since they will be the biggest loser if JAL to jump ship to Delta. But this is just MY GUESS
January movie list on JAL flights
Japan Airlines has posted the January program listing for its inflight entertainment network. The only repeated movie is G.I. Joe: The Rise of Cobra, which is actually from October. The rest are all new. Below are the movies available on MAGIC-I and II.
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