JAL will list on the Tokyo exchange with an initial public offering that will raise $8.5 billion. The listing is improbable for two reasons. The first is that airlines have ... Read Full Story »
AMR filed for Chapter 11 more than seven months ago. Management had harbored hope that the company and its American Airlines operations could emerge as independent operations. AMR has decided to ... Read Full Story »
The International Air Transport Association, the airline industry’s large association, has nearly given up on the chance that the industry will make any money this year. The organization expects that, ... Read Full Story »