We just got word that we are in preliminary talks with Japan Airlines to become their primary shareholder.
Given the Japanese government's propensity to support DL/NW (they recently pushed JL management to pursue code share agreements with us), the likelihood of this deal going forward is very high. Also remember that back in the day, NW had a key role in establishing JL. The implications for travel in/out of Asia are obvious should this deal move forward. Money talks. It might be in JL's best interest to move forward as a member of the Skyteam alliance.
This is a developing story: http://www.reuters.com/article/rbssI...30087420090911TOKYO, Sept 11 (Reuters) - Delta Air Lines (DAL.N), the world's biggest carrier, is in talks to invest in Japan Airlines Corp (JAL) (9205.T) and become its top shareholder, public broadcaster NHK said on Friday.