Valero plans to use early retirement incentives to cut 100 jobs at Paulsboro refineryOctober 9th, 2009 Valero says it will eliminate jobs at NJ refineryPAULSBORO, N.J. — Valero Energy Corp.
Japan's transport minister says Japan Airlines won't be forced into bankruptcySeptember 30th, 2009 Japan minister says JAL won't be liquidatedTOKYO — Japan's transport minister said Sunday he will not force the struggling Japan Airlines, Asia's biggest airline, into bankruptcy. "We will not crush and liquidate (the airline)," Land, Infrastructure and Transport Minister Seiji Maehara said on a TV Asahi talk show.
Japan Airlines president says money-losing carrier applying for public fundsSeptember 24th, 2009 Struggling Japan Airlines seeks public moneyTOKYO — The president of Japan Airlines said Thursday the money-losing carrier is applying for public funds to help turn around the company after it was pummeled by the downturn in global air travel, but it quickly received a reluctant response from the transport minister. JAL President Haruka Nishimatsu said he told Land and Transport Minister Seiji Maehara that the airline is seeking emergency government aid under an industrial revitalization law that is intended to help struggling companies.
Report: American Airlines, British Air, Qantas offer capital, business aid to Japan AirlinesSeptember 18th, 2009 Report: American Airlines in joint bid to help JALTOKYO — American Airlines, Inc., British Airways Plc and Qantas Airways Ltd. have offered broad financial and business support to struggling alliance partner Japan Airlines Corp., including a possible investment of several hundred million dollars from American, a Japanese newspaper reported Friday.
Report: Troubled Japan Airlines considers raising $2.8 billion, seeking capital from DeltaSeptember 13th, 2009 Report: Troubled JAL mulls raising $2.8 billionTOKYO — Money-losing Japan Airlines Corp. is considering raising 250 billion yen ($2.8 billion) from financial institutions and others including Delta Air Lines Inc.
Report: Struggling JAL in talks with Air France-KLM over capital tie-upSeptember 12th, 2009 Report: JAL in tie-up talks with Air France-KLMTOKYO — Struggling Japan Airlines Corp. has entered talks with Air France-KLM over a capital tie-up, a newspaper said Saturday.
AP Source: Delta Air Lines weighs making cash infusion, business ties with Japan AirlinesSeptember 11th, 2009 AP Source: Delta considers ties to Japan AirlinesATLANTA — Delta Air Lines Inc. is considering making a cash infusion of a couple hundred million dollars to aid struggling Japan Airlines Corp., a person briefed on the talks said Friday.
The Transportation Department's on-time arrival ranking for US airlinesSeptember 8th, 2009 DOT releases airline delay list for AugustThe percentage of airline flights in August that arrived within 15 minutes of schedule, according to the U.S. Transportation Department:
1.
Bry-Air mulls acquisition in JapanSeptember 7th, 2009 CHENNAI - Dehumidifier manufacturer Bry-Air (Asia) is looking to expand its Asian footprint by acquiring companies in Japan. "We have been exporting to Japan in small numbers, now we have decided to attack the $30 million market there.
Most airlines shares fall as broader market slides on economy worriesAugust 5th, 2009 Sector Snap: Most airlines lowerNEW YORK — Shares of most U.S. airlines fell Wednesday as the broader stock markets stalled, anxious about the nation's economy.
Ailing Austrian Airlines to cut 1,000 jobs by mid-2010 to boost competitivenessJuly 2nd, 2009 Austrian Airlines to cut 1,000 jobsVIENNA — Austrian Airlines, the ailing carrier due to be taken over by Germany's Lufthansa AG, said Thursday it will cut about 1,000 jobs by mid-2010 as part of an effort to boost its competitiveness. In a statement, the airline said the downsizing would happen in stages and include layoffs.
Continental Airlines to shut Tampa reservation center, eliminate 500 jobsMay 13th, 2009 Continental Airlines to shut center, cut 500 jobsHOUSTON — Continental Airlines Inc. said Wednesday it is closing a call center in Tampa, Fla., and cutting 500 reservation agents companywide.
Container sucked into engine of Japan Airlines 747 on ground at Los Angeles InternationalMay 12th, 2009 Airliner engine ingests object on ground at LAXLOS ANGELES — Authorities say a metal baggage container was sucked into an engine of a Boeing 747 at Los Angeles International Airport. No one was injured.
Japan Airlines wing scrapes on landing in Osaka; no one injured but runway temporarily closedApril 22nd, 2009 Japan Airlines wing scrapes on landing; no injuryTOKYO — Airline officials say a Japanese passenger plane damaged part of its wing on landing at Osaka International Airport. No one was injured but the runway was closed for about an hour to clean up debris.
Japan Airlines mulls loans from government-run bank as demand for travel slumpsApril 21st, 2009 Japan Airlines mulls state loans as travel slumpsTOKYO — Japan Airlines Corp., Asia's biggest carrier by sales, said Tuesday it is considering applying for government loans to cope with slumping travel demand amid the global downturn. The airline, also known as JAL, may get loans from the state-run Development Bank of Japan to boost its cash flow.
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