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Boeing Charting A Quiet Comeback? Aircraft Maker Bags Five Major Contracts In Last 10 Days: Here's What Its Chart Shows
Tuesday, April 1, 2025 - 6:32am | 892Boeing Co. (NYSE:BA) expanded its order pipeline after bagging five major deals over the last 10 days. While its short and medium-term price trend remains strong, here’s more on the company’s technical analysis. What Happened: Here are the five orders bagged by Boeing from March 21 to...
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Japan Airlines Faces Over $100M Loss After Tragic Plane Collision At Haneda Airport
Thursday, January 4, 2024 - 4:32am | 553In a recent development, Japan Airlines Co Ltd (OTC:JAPSY) has estimated a loss exceeding $100 million as a result of a catastrophic plane accident at Tokyo’s Haneda airport. What Happened: An Airbus SE (OTC:EADSF) operated by JAL collided with a smaller Coast Guard plane on the airport...
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Japan Airlines Plane Catches Fire After Colliding With Coast Guard Aircraft Bound For Earthquake Relief, Five Dead
Tuesday, January 2, 2024 - 9:35am | 526In a devastating incident at Tokyo’s Haneda airport, a Japan Airlines plane caught fire after a reported collision with a Japan Coast Guard aircraft. The calamity has resulted in five fatalities and the evacuation of hundreds of passengers. What Happened: On Tuesday, a Japan Airlines flight,...
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Australia Secures Subsidized Airfreight For Exporters
Monday, April 27, 2020 - 8:41am | 787The Australian government has come to the rescue of agricultural and seafood exporters who are having trouble finding affordable air transport due to the scarcity of available aircraft. By securing space with a network of 15 air carriers and freight forwarders, and partially offsetting users'...
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Antitrust Immunity Granted to American Airlines and Japan Airlines
Wednesday, October 6, 2010 - 3:36pm | 242American Airlines (NYSE: AMR) and Japan Airlines, both members of the oneworld® Alliance, today welcomed an order issued by the United States Department of Transportation tentatively approving the antitrust immunity application filed by the two airlines in February. By this action, the DOT has...
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When Will Ya' Learn? Japan Airlines Bites the Dust for Fourth Time in Ten Years
Tuesday, January 19, 2010 - 11:56am | 75Although it is Japan's biggest non-financial firm bankruptcy ever, Japan Airlines Corp. will survive and keep flying thanks to a state-supported 600 billion yen credit line, 300 billion yen cash injection, and a forgiven 730 billion yen worth of debt. Shareholders, bond owners, and the upper...
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Is AMR about to go into a Dive ?
Monday, January 18, 2010 - 11:39am | 135It has been reported that Japan Airlines may terminate their deal with American [ AMR ] and fly with Delta Airlines. If JAL chooses Delta then American would end up losing code-sharing and feeder traffic from Japan Airlines. More important will be the loss of passengers and therefore revenue from...
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Japan to Rescue Japan Airlines
Sunday, October 18, 2009 - 6:22pm | 32The Japanese Government is putting together plans to rescue the financially troubled Japan Airlines (JAL) (Nikkei: 9205: JP) after its creditors kicked against forgiveness of more than 250 billion yen owned them by JAL.
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Lenders hesitant to provide more loans without major overhaul at Japan Airlines
Tuesday, September 22, 2009 - 10:59am | 170While no one disagrees that Japan Airlines should not be allowed to fail, there is increasing pressure on the Japanese government to get more involved in a drastic overhaul of the money-losing carrier. The Nikkei business daily reported that the lenders want the airline to separate profitable from...
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Oneworld carriers working on competing Japan Airlines proposal
Monday, September 21, 2009 - 2:58pm | 195The action is heating up in Asia as several Oneworld carriers are working on a joint proposal to acquire a financial stake in cash-poor Japan Airlines. Word of the Oneworld competition with Delta Air Lines and other SkyTeam carriers for an expanded business relationship with JAL was reported late...
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Japan Airlines struggles to survive; will cut 6,800 jobs and seek foreign flag investment
Thursday, September 17, 2009 - 3:35pm | 297Financially battered Japan Airlines announced Tuesday that they plan to trim their work force by 6,800 jobs, eliminate some routes and move as quickly as feasible to raise emergency funds from a foreign carrier. Both Delta Air Lines and American Airlines are in the running to acquire a stake in JAL...