JAL, Starwood, British Airways
Another emergency loan for JAL?
Japan Airlines (JAL) is likely to get further funding to keep flying, after the Japanese government announced it would double its state-sponsored credit line to £1.33bn.
The Development Bank of Japan is yet to confirm it will extend the loan.
If the funding is granted, this leaves JAL with enough funding to continue operating in the short term, but questions remain over the long term future of the airline.
A rescue plan, overseen by the government's Enterprise Turnaround Initiative Corporation of Japan (ETIC), is due to be announced later this month, which may include job cuts and route reductions.
The struggling carrier secured a loan in November from the DBJ, saying it was "necessary for continuance" of its flights and that without it "an event which would interfere with our flight operations could occur".
JAL is heading for a deficit of $700m for the financial year ending in March.
www.jal.com
Starwood sells Bliss spas
Starwood Hotels and Resorts has sold its spa and product company Bliss to Steiner Leisure for $100m.
W Hotels and St. Regis Hotels will continue to have exclusive use in the hotel sector of Bliss and Reméde spas, and the Aloft brand will continue to offer Bliss Tried+Blue amenities.
The sale is part of Starwood's strategy to focus exclusively on the hospitality business.
www.starwoodhotels.com
BA delays flight to allay security fears
A London-bound British Airways flight was delayed after a complaint from a female passenger about poor security at Abu Dhabi airport.
All passengers and crew aboard the flight were made to disembark the aircraft and pass through security for a second time.
According to reports, the plane was also searched after a passenger had told the captain that she was unhappy with the level of security surrounding the airfield.
www.ba.com