Business Report: Airline operations - Hawaii News Now - KGMB and KHNL

Business Report: Airline operations

HONOLULU (HawaiiNewsNow) - Japanese and American officials hope to reach a draft agreement this week on an open skies treaty. Basically they want to unshackle US and Japanese airlines to fly where they want in each other's markets.

This comes as Japan Airlines considered whether to keep its operational alliance with American or switch to Delta. ANA has an alliance with United. Open skies would open interesting options for Hawaiian Airlines.

Meanwhile here's the latest on the JAL bailout. The Nikkei business daily reports the plan is for the government to lend JAL 700 billion yen that's currently equivalent to $ 7.8 billion.

It's not settled yet because members of Japan's ruling coalition are still arguing over the amount. Because as you know, a hundred billion yen here, a hundred billion yen there, and pretty soon you're talking about real money!

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