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American Airlines says it won't participate in Skymark Airlines restructuring
[NEW YORK] American Airlines Group Inc has decided not to participate in the restructuring of Japan's bankrupt Skymark Airlines Inc at this time, a spokesman said following a media report that said it was considering a tie-up with Skymark.
"Asia remains an important and evolving part of the competitive landscape, and we are partnered with the premier airline in that region today: Japan Airlines," Josh Freed, an American spokesman, said in an email on Monday, noting that the company had made the decision after studying the current environment surrounding Skymark.