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TOKYO — Delta Air Lines and its SkyTeam alliance partners offered as much as $1 billion in incentives to lure Japan Airlines away from the Oneworld group led by American Airlines.
SkyTeam airlines may invest $500 million in Japan Air, and Delta would supply $200 million in financing and $300 million to cover lost sales, Delta president Edward Bastian said Wednesday. American’s bid may consist of $1 billion from private-equity firm TPG and $300 million from the airline.
