Delta Would Propose Business Tie Up with JAL Whether Out-of-Court or Court-Led Restructuring, Says Delta President Bastian Commenting on JAL’s Restructuring
Edward Bastian, President, Delta Airlines, reaffirmed during a press meeting on January 7 that Delta would propose a partnership with Japan Airlines whether it is an out-of-court or court-led restructuring, commenting on the JAL’s rehabilitation. He stated that without a well-chosen partner, JAL would never be able to realize its long-term growth, stressing time and again that Delta Airlines would be the most logical partner in the interest of JAL.
Delta strives to continue to address its efforts to conclude a partnership with JAL. Asked if Delta would prefer JAL’s court-led restructuring or its out-of-court restructuring, Bastian declined to comment, citing that Delta is not in the position to express an opinion. What is vitally important is, he said, that JAL should choose the best possible strategy to address the realization of its long-term growth. Delta is eager to support JAL on the long-term basis once the airline has its restructuring plan in place, assured President Bastian.
Source: Travel Vision
Travel Vision Inc. provides information on the travel industry in Japan via "Daily Travel Vision", a Japanese-language e-mail newsletter, and the "Travel Vision" website. There are nearly 110,000 people working in the Japanese travel industry, and Travel Vision is proud to be bringing travel news to more than 30,000 people through Daily Travel Vision.













Comments and Reviews