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Japan Airlines Sticks With American

Japan Airlines is sticking with American Airlnes, spurning an offer from Delta to join its SkyTeam alliance.

TOKYO (

TheStreet

) --

Japan Airlines

is sticking with

AMR's

(AMR)

American Airlines, spurning an offer from

Delta

(DAL) - Get Report

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to join its SkyTeam alliance.

Japan Airlines, in a statement Tuesday, said it would strengthen its partnership with American Airlines and apply to the U.S. and Japanese governments for antitrust immunity on trans-Pacific routes.

JAL and American are members of the Oneworld alliance.

Both American and Delta offered JAL incentives of more than $1 billion to join their respective alliances. But it was believed that a tie-up with Delta wouldn't pass antitrust muster in the U.S., according to reports.

"We have analyzed this issue in great detail, and we are excited at the prospects in terms of the convenience and benefits for our customers," said JAL President Masaru Onishi, in a statement. "We also firmly believe that the advantages of this development with American Airlines can strongly support JAL at a time when we are striving towards the revival of our business, which we are determined to achieve. We certainly look forward to a deeper, more mutually-beneficial relationship with our long-time partner."

JAL, Asia's biggest carrier, filed for bankruptcy in January and is undergoing a restructuring of its debt.

-- Reported by Joseph Woelfel in New York.

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