From the 1/19/2010 BK PR:
The Tokyo Stock Exchange said after the filing that it will delist JAL's shares, effective Feb. 20, according to its usual delisting procedure. The shares will go to the exchange's delisting post, and trading will continue until Feb. 19.
...and from a MarketWatch 2/1/2010 PR
In a related note, the Asia-Pacific region last year knocked North America from its position as the world's largest aviation market, the International Air Transport Association said Monday.
Asia-Pacific travelers reached 647 million in 2009, versus 638 million within North America, IATA said.
The region is expected to significantly help the global industry narrow its losses in 2010, thanks to demand and government stimulus money, the trade group said.
Asia-Pacific carriers are forecast to shrink their losses to $700 million this year from $3.4 billion. In total, global losses are predicted to narrow to $5.6 billion in 2010 versus a loss of $11 billion in 2009.
So Jax and Wall, is your play here to trade a jump and get out before Feb 20?
