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Headline News was last updated: September 30, 2009

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B787 graphic pinpointing the wrinkle problem: Click on Aircraft link to view.

September 2009

Bankruptcy:  Kirkland & Ellis bankruptcy attorney James Sprayregen says there don't appear to be any restructurings of major airlines that appear imminent.

JPMorgan expects all the major airlines to survive the slow winter period without filing for Ch 11.

Delta is to become the biggest shareholder in Japan Airlines (JAL), Asia's largest airline by revenue.

JAL reported a $563M operating loss for the year to March 2009 and is forecasting $653M loss through to March 20110.

JAL has received $1Bn in credit facilities backed by the Japanese government and is reporting its second successive year of losses.

Japan Airlines (JAL) is restructuring under state supervision.