JAL confirms plan for big investment in Spring Airlines Japan
By Greg Waldron2021-04-27T03:46:00+01:00 Japan Airlines (JAL) plans to increase its investment in low-cost carrier Spring Airlines Japan sometime in June. The airline confirmed reports in Japanese media that it intends to “strengthen the investment” into the low-cost carrier, with further details to accompany its full-year results statement on 7 May. Source: Wikimedia Commons A Spring Airlines Japan 737-800 in March 2019 Quoting sources, Japanese media have reported that JAL plans to boost a 5% stake in Spring Airlines Japan to a majority stake, enabling it to better ride a recovery in ...