American Airlines gives a glimpse of industry recovery, updates on JAL
American Airlines narrowed its loss for the fourth quarter of 2009 and spoke of rebounding business travel. But a wide range of issues from JAL to taxes are ahead for American. Both analysts and media were naturally anxious to hear from the horse's mouth on what is going on with JAL and what the loss of JAL would do to oneworld. But the soundbite that resonated loud and clear was the fact that oneworld and American would oppose vigorously anything that would end up giving its competitor the majority of the US-Japanese market.
