Financial Times FT.com

TPG eyes injection into JAL rescue

By Jonathan Soble in Tokyo

Published: November 12 2009 02:00 | Last updated: November 12 2009 02:00

TPG, the private equity group, could join American Airlines in a proposed investment in Japan Airlines that would keep the Asian carrier from defecting from American's OneWorld alliance.

Thomas Horton, American's chief financial officer, said yesterday that US-based TPG endorsed the proposal to extend financial aid to JAL.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this