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SkyTeam could invest more in JAL: Delta

Sunday, 22 November 2009


NEW YORK, Nov 20 (Reuters): The chief executive of Delta Air Lines Inc says the SkyTeam alliance of global carriers would be willing to invest more than its proposed $1.02 billion in Japan Airlines, the Wall Street Journal reported.
The final proposed investment into JAL by the nine-airline SkyTeam alliance could be "greater than what we've stated" thus far, Richard Anderson said in an interview Friday with the newspaper.
"When you get that value, it can be financeable. You create a lot more value, and together parties can figure out how to monetise that value," Anderson was quoted as saying.