Japan Airlines (JAL) has chosen to stay with the Oneworld alliance, and will apply for anti-trust immunity on transpacific routes with alliance member American Airlines.
JAL's decision ends months of competition between Oneworld and SkyTeam to woo the carrier, with SkyTeam and Delta Air Lines offering a $1 billion financial package to persuade JAL to switch alliances.
American and Oneworld subsequently counter-offered with a $1.4 billion package to JAL, which filed for bankruptcy protection and embarked on a restructuring process last month.
JAL and American will now jointly apply to the US Department of Transportation (DOT) and Japan's Ministry of Land Infrastructure, Transport and Tourism for anti-trust immunity on transpacific routes. "Upon receiving the approval from the relevant authorities, JAL and AA intend to enter a joint business venture which will enhance their scope of cooperation on the routes between the United States and Japan," says JAL.