AMR (AMR)

Today in Tokyo, executives of Japan Airlines (JAL) and the Japanese Transport Ministry said that the carrier would remain a member of the oneworld® global alliance, anchored by AMR Corp.'s American Airlines. Japan Airlines (JAL) in a pivotal move announced its highly anticipated alliance decision by turning away from Delta and SkyTeam to strengthen its existing partnership with American Airlines (AMR) and oneworld®, according to American Airlines and Centre for Asia Pacific Aviation. oneworld® is a global alliance that brings together eleven of the world's biggest airlines. JAL and AMR, both members of the oneworld® alliance, will jointly apply to the US Department of Transportation (DOT) and the Ministry of Land Infrastructure, Transport and Tourism of Japan (MLIT) for antitrust immunity approval on transpacific routes.
This is a pivotal move in JAL's rahabilitation and restructuring plan, and is additional support for AMR. Both AMR and JAL intend to enter a joint business venture aimed at "enhancing their scope of cooperation on routes between the US and Japan, through adjustments to their respective networks, flight schedules, and other business activities". The joint venture will be subject to government approval.

Feb 11 · 3:26:00 PM
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by Steve Wieczorek