Delta, American investment in JAL put on ice: source

Delta Air Lines and American Airlines will not be invited to invest in Japan Airlines until after a new management has been put in place, if ever, a person familiar with the matter said.
The government has sounded out Kazuo Inamori, the 77-year-old honorary chairman of electronics components maker Kyocera Corp, about becoming JAL's new chief executive officer and overseeing its restructuring, the person also said.
Delta and American have been courting Japan Airlines with rival offers of financial aid, eager to gain access to its routes to fast-growing Asian markets and a stronger foothold in Japan ahead of the expansion of Tokyo's Haneda airport in October. But these talks have been overshadowed by the issue of JAL's very survival. The airline, Asia's largest by revenue, will likely file for bankruptcy this month as part of a state-led restructuring, sources have told Reuters.