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November 12, 2009

AA, Delta jockey for JAL stake; DBJ considers bridge loan American Airlines and Delta Air Lines each continue to express a strong interest in financially troubled Japan Airlines, which reportedly is negotiating a ¥100 billion ($1.1 billion) short-term bridge loan with the Development Bank of Japan to fortify its cash position as it develops a longer-term restructuring plan. [MORE] Qantas plans 'Airport of the Future,' premium service upgrades Qantas plans to introduce an Airport of the Future concept in major domestic markets next year that it said will reduce dramatically time spent at check-in and in security queues and speed baggage collection. [MORE] Republic to build up Milwaukee operations, downsize Denver Republic Airway Holdings, wooed by some $27 million in tax credits offered by the state of Wisconsin, will pack up and move its heavy maintenance and some administrative jobs from Denver to Milwaukee. [MORE] Air India's full-year loss doubles Air India lost INR55.48 billion ($1.19 billion) in the fiscal year ended March 31, more than double the INR22.26 billion deficit suffered in the prior year, the carrier announced yesterday. [MORE] Other News AA's Arpey stands firm on antitrust remedies Finnair taps Nokia executive as CEO US majors post $578 million third-quarter loss [MORE]

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