Suitors line up for JAL

15/09/09 20:37 CET

corporate

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Air France-KLM is reportedly the latest company that wants to invest in Japan Airlines.

Various carriers are keen to take a stake in the loss-making JAL in order to gain access to its Asian routes, particularly China, via code-sharing agreements – that is where airlines sell seats on each others’ services. Delta Air Lines is another contender it would invest up to 200 million euros in JAL for a minority stake. Also in the running is Delta’s US rival American Airlines, it is looking for a similar deal. JAL has said the US companies would be favourites if Japan and the United States can reach an “open skies” agreement. JAL, which is undergoing a state-supervised restructuring after years of losses, has just said it will cut nearly 7,000 jobs.More about: Air France, Airlines, Japan

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Syrian bloodshed spreads to Aleppo

The upsurge in violence in Syria has spread to the northern city of Aleppo, where soldiers and civilians have been killed in separate explosions, according to state TV. It said a building used by military intelligence and a security forces as a base, had been targeted in what it described as…