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18-Nov-2009 11:59 AM

American Airlines partner, TPG, may invest up to USD1.1 billion in JAL

American Airlines' private equity group partner, TPG, may reportedly invest up to JPY100 billion (USD1.1 billion) in Japan Airlines through a private purchase of preferred or common stock, according to The Nikkei (18-Nov-2009). American Airlines has reportedly made a separate proposal, including a JPY30 billion (USD336 million) investment.