Reply To: JAL- Ugent talks to avoid Bankruptcy

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Flew through SIN yesterday eve, & The Straits Times & International Herald, both feature a strong Business article on JAL.

Apparently they are making 6,500 staff redundant, pretty urgently needing an injection of cash, with KLM /AF being one option as they are cash rich, or one of the US carriers, Delta or United.

“A last ditch attempt to raise money & avoid Bankruptcy has set the stage for a battle between US carriers AA & Delta, but also KLM/AF are in talks to inject cash”

Sure the news will unfold on line, as my info is already now 2 days past…

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