I-HONG KONG-Umlo wemfazwe uyaqhubeka kubathwali abazamazamayo iJapan Airlines Corp. phakathi kobudlelwane be-Oneworld kunye ne-SkyTeam, intshukumo yamva nje yolungelelwaniso lwenqwelomoya kulandela i-Air China Ltd yesabelo esongeziweyo kwiCathay Pacific Airways Ltd. kunye nokudibana phakathi kweBritish Airways PLC Kwaye eSpain Iberia Lineas Aereas de Espana SA.
Kodwa i-Oneworld - elona qela lincinci kumaqela amathathu eenqwelomoya zehlabathi - ibonakala ikwimeko yokulahleka.
Ukugcina i-Japan Airlines (JAL) emngciphekweni wokucinezela i-balance sheet ye-AMR Corp.'s (AMR) American Airlines, elona lungu likhulu le-Oneworld ngexabiso leshishini, ukuba kuthatha inxaxheba kwi-equity kwi-JAL.
Ukulahlekelwa yi-JAL kungasindisa imali yaseMelika, kodwa ngexabiso lokuphulukana nomvelisi wengeniso we-Oneworld omkhulu kwaye kushiye umngxuma omkhulu kwi-Oneworld's Asia coverage - owona mmandla ukhula ngokukhawuleza wokuhamba ngenqwelomoya.
Ngokuqinisekileyo, nge-2.8 yeebhiliyoni zeedola zemali kunye notyalo-mali lwexeshana elifutshane olukhoyo ukusuka ekupheleni kukaJuni ka-2009 i-American inganyusa i-Y30-50 yebhiliyoni ye-JAL ekukholelwa ukuba i-panhandling.
Kodwa isikhundla se-American Airlines 'sokuhlawulela ixesha elide sibi kakhulu kune-JAL's. Ityala lilonke kwimali eyinkunzi eMelika yi-203% kunye ne-142% kwinqanaba le-AMR Corp. lomzali, elona liphezulu kubathwali abakhulu abasebenza phantsi kweflegi ye-Oneworld. Kwaye iMelika ayinanto ininzi yesithinteli sokuhlawula amatyala: ikhuphe ivolovolo yayo yonke eyi-$255 yezigidi emva ngoSeptemba ka-2008 kwaye yatshisa imali eyi-2.2 yeebhiliyoni zeedola kunye notyalo-mali lwexeshana elifutshane kwiphepha layo lomncono kwiinyanga ezili-12 ezidlulileyo.
KwaDelta Air Lines Inc., omnye umtyali-mali onokubakho we-JAL, ityala lilonke kwimali eyinkunzi lilonke, nangona lingelihle, lisezantsi kakhulu nge-94%. I-Delta ikwanayo ne-4.9 yeebhiliyoni zeerandi zemali kunye notyalo-mali lwexeshana elifutshane ukuya kuthi ga ngoJuni-ekupheleni, i-revolver engafakwanga yeedola ezingama-500 ezigidi (nangona izakuphinda kuxoxwe ngayo ixesha elithile ngo-2010), kwaye akukho nkxaso-mali icinezelayo de kube ngu-2012.
Ukuba elinye ilungu le-SkyTeam i-Air France-KLM ibinokungenela kunye nomnikelo odibeneyo ngoko ke umthwalo weDelta uye wohluthwa ngakumbi.
Ngokujonga iimeko, iMelika inokukhetha ukungahlawuli i-300- $ 500 yezigidi zeedola e-JAL. Nangona kunjalo, umngcipheko yi-Y50 yebhiliyoni yokubekwa kumaxabiso akhoyo emarike anganika iDelta i-11.2% yesabelo kwinkampani yeenqwelomoya yaseJapan kwaye ijike izikrufu kuyo ukuze ixhume inqanawa kwaye ijoyine iSkyteam.
Ukuqiniseka, isinxibo se-SkyTeam esithatha isibonda se-JAL asikuthinteli ukuba sihlale kwinkampu ye-Oneworld. I-Air China inentloni nje ye-30% ye-Cathay, kodwa ililungu le-Star Alliance ngelixa u-Cathay ehleli kunye ne-Oneworld.
Kodwa abaphathi baseTokyo bebesoloko bekhalaza malunga nobulumko be-Delta tie-up ukusukela ngo-Agasti kwaye ngoku badityaniswe ngabezopolitiko. Inikwe umthwali wewonga elilinganayo-kawonke-wonke elinokuthi libangele phakathi kweOneworlders.
Ukuphambuka kwe-JAL, ejoyine i-Oneworld ngo-Epreli ka-2007, kuya kuyiphelisa indibaniselwano yomvelisi wayo wesibini omkhulu wengeniso. I-Oneworld iqikelela ukuba isibini esithathwini sengeniso kwishumi leminyaka yobukho bayo ngengazange iveliswe ukuba umbutho ubungekho (http://www.oneworld.com/ow/news/details?objectID=16588).
Yeha, i-Oneworld ikwanelona nyawo lincinci kwiMpuma Ekude. IBar JAL, isiduko sinokubanga kuphela iCathay, kwaye - kancinci - iQantas Airways Ltd. njengabathwali baseAsia.
I-SkyTeam ine-China Southern Airlines Co. kunye ne-Korean Air Co. (003490.SE), kunye ne-Northwest Airlines Corp., eza kugotywa kwi-Delta, sele isebenzisa isikhululo seenqwelomoya sase-Tokyo sase-Narita njenge-de facto hub yase-Asia.
Star Alliance has Singapore Airlines Ltd., All Nippon Airways Co., Asiana Airlines Inc. (020560.KQ) kunye Thai Airways International PCL phakathi kwabanye.
I-China Eastern Airlines Corp. ixhaswa zizo zombini i-Oneworld kunye ne-SkyTeam.
Zombini iinkampu kunye nabacebisi bazo banokufuna ukwenza umtsalane okhubekisayo omnye wabathwali abambalwa abaseleyo baseAsia abahleli ngaphandle kwemanyano yenqwelomoya yehlabathi.
Xa kujongwa ukuba yintoni esemngciphekweni kwi-American kunye ne-Oneworld badinga lonke ikhubalo kunye nemali abanokuba nayo.
