Skip to main content

American and Delta Not Interested in Investing in Skymark Airlines

Submitted by Anonymous (not verified) on

American Airlines Group Inc. and Delta Air Lines Inc. have no plans to rescue Japan's bankrupt Skymark Airlines Inc., the two companies said separately yesterday following a media report on their alleged interest in the budget carrier, Reuters reported yesterday. Nikkei Asian Review reported earlier that American intended to send executives to Japan to discuss investment in Skymark, and that a tie-up interested Delta, which lacks a Japanese partner in its SkyTeam alliance. The report came as Japan's biggest carrier, ANA Holdings Inc, and a subsidiary of Malaysia's AirAsia Bhd expressed interest in Skymark. Meanwhile, U.S. carriers are increasingly competing for passengers between East Asia and the United States.