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Japan Airlines increasing investment in Spring Japan and Jetstar Japan
July 2nd 2021
Japan Airlines (JAL) is increasing its financial commitments in its LCC joint ventures, Spring Japan and Jetstar Japan. Read More » “Through this investment, we will quickly recover our financial position that was damaged by the impact of the Corona virus disaster and we will respond to the expected market recovery with a sense of speed, leading to further growth," JAL said. Spring Japan is a partnership with China's Spring Airlines and Jetstar Japan is a joint venture with the Qantas Group. JAL also has a fully-owned LCC, ZIPAIR, focused on medium-haul routes. The oneworld alliance member said it would continue to build a global network that leveraged the strengths of the three Tokyo-Narita based LCCs.