Industry experts say the protracted tug-of-war over Japan Air Lines "highlights the importance of routes over the Pacific." Both American Airlines and Delta Air Lines made their cases again Wednesday for a deeper alliance with the beleaguered carrier, which remains the largest airline in the world's second-biggest economy. Matthew Slaughter, an associate dean at the Tuck School of Business at Dartmouth, says the stakes are even higher after the recent Open Skies agreement between the U.S. and Japan. "If you suddenly liberalize the flow between the world's two biggest economies, you can see why companies would want to take advantage of the situation," he notes.

Related Summaries