Financial Times FT.com

Delta improves offer of support for JAL

By Jonathan Soble in Tokyo

Published: November 19 2009 02:00 | Last updated: November 19 2009 02:00

Delta Air LinesAmerican Airlinesyesterday sweetened its offer of financial support to Japan Airlines, the troubled carrier whose links to China and other Asian destinations have made it a potentially valuable prize.

At the same time, TPG, brought in as financial investor by American Airlines, could inject as much as $1bn into JAL, said people close to the US buy-out group.

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