American Airlines may team with private-equity firm TPG Inc. to invest at least $300 million in alliance partner Japan Airlines Corp., a source familiar with the plan said.
That sum would be competitive with a proposed investment in JAL by Delta Air Lines Inc., said the source, who declined to be identified because the talks aren’t public. Delta, a member of the SkyTeam group of airlines, wants to lure money-losing JAL from American’s oneworld group.
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