* Delta in talks to become top JAL shareholder-media
* Would spend several hundred million dlrs on stake-media
* JAL spokeswoman declines to confirm or deny reports
TOKYO, Sept 11 Delta Air Lines (DAL.N), the
world's biggest carrier, is in talks to invest in struggling
Japan Airlines Corp (JAL) 9205.T and become its top
shareholder, Japanese media said on Friday.
Public broadcaster NHK and Kyodo news said Delta was in
talks to invest several tens of billions of yen (several hundred
million dollars) in JAL, Asia's largest airline by revenue, as
part of a business alliance.
"I can't verify what has been reported by NHK and can't
comment further at this time," said a JAL spokeswoman.
JAL is headed for its second straight loss this business
year and is restructuring under state supervision after
receiving a 100 billion yen credit line backed by the
JAL and Delta are also talking about code-sharing on
international flights, Kyodo and NHK said.
JAL reported a 50.9 billion yen operating loss for the year
to March 2009 and has forecast a 59 billion yen loss for the
current year, as it struggles to control costs and suffers along
with other airlines due to a slump in global travel.
Delta became the world's leading airline when it acquired
Northwest Airlines in October.
(editing by John Stonestreet)