Qantas announced a new international strategy on Tuesday with the acquisition of up to 110 Airbus A320s to boost its fleet, including its Jetstar Japan -- a new venture with Japan Airlines and Mitsubishi -- and a new Asia-based airline.
The return of electricity spread slowly Saturday across northern Japan, where hundreds were injured and tens of thousands remained without power after one of the strongest aftershocks following last month's devastating earthquake struck the region.
Japan Airlines is expected to file for bankruptcy tomorrow, as speculation intensifies over which of its two U.S. suitors, Delta Air Lines or American Airlines, will be chosen to aid its rehabilitation.
Japan Airlines has asked the Japanese government to buy a stake in it as part of a proposed $2.5bn capital raising designed to fund the struggling carrier's operations and pay for a drastic restructuring.
Investors will be awaiting more of the year-end rally Wednesday after the previous session's gains left the Dow industrials at a 3 1/2-year high and the latest gauge on third-quarter gross domestic product was slightly better than expected