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DAL Datalogic Spa

6.06
-0.09 (-1.46%)
Last Updated: 12:22:11
Delayed by 15 minutes
Share Name Share Symbol Market Type
Datalogic Spa BIT:DAL Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.09 -1.46% 6.06 6.06 6.09 6.13 6.05 6.08 17,306 12:22:11

Japan Airlines President: Aim To Conclude Tie-Up Talks By Mid-Oct

15/09/2009 9:45am

Dow Jones News


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Japan Airlines Corp. (9205.TO) President Haruka Nishimatsu said Tuesday his firm aims to conclude tie-up talks with a single airline partner by mid-October.

Japan's largest carrier by revenue is in talks with U.S. forms Delta Air Lines Inc. (DAL) and American Airlines parent AMR Corp. (AMR) to take a stake in their Japanese counterpart.

The president of the airline commonly known JAL told reporters his company is likely to choose just one partner as part of its overhaul plans.

He said details of his company's tie-up have not been determined yet, but added that the firm will pursue "drastic" reorganization of its routes.

Nishimatsu was speaking after meeting with an independent panel set up by the transport ministry to oversee the airline's revival.

The financially strapped airline is currently putting together a business turnaround strategy, which is scheduled to be announced by the end of the month.

 
 

-By Yoshio Takahashi, Dow Jones Newswires; 813-6895-7561; Yoshio.Takahashi@dowjones.com

 
 

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