JAL to take-over Spring Airlines

The Kyodo News Agency is reporting that Japan Airlines is set to increase its stake in Spring Airlines Japan from 5% now to 51%, probably before the end of June. JAL is making this investment to position itself for the expected surge in Japan-China travel post-pandemic.

Spring Airlines Japan was founded in 2012 and is currently majority owned by Spring Airlines from China. It has specialised in flying between Japan and China from Tokyo-Narita but also offers some domestic flights. It has a fleet of six B737-800s.

JAL will retain the Spring Airlines-brand and it will become the Group's third low-cost company after Jetstar Japan (50% owned) and ZIPAIR (100% owned).

Photo by Anton Homma