The formerly state-owned Japan Airlines appears to be planning to file for bankruptcy protection in advance of a restructuring of debt. From April to September, JAL lost 1.5 billion dollars and is anticipating additional governmental assistance to the tune of several billion dollars, as well as JAL’s request for several hundred billions worth of loan forgiveness.
Negotiations between Dutch KLM and US Delta indicate possible future alliances.
Look for an official JAL announcement on Jan 19th.

Japan Airlines flight JL-133 suffered a hydraulic leak after landing at Osaka International Airport, Japan, on December 19th.
