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Japan Airlines to set up low-cost carrier, targeting Asian demand

Reuters  |  TOKYO 

By Sam NusseyTOKYO (Reuters) - Japan Airlines Co Ltd (JAL) is launching a low-cost carrier offering medium to long-haul flights, aiming to tap growing Asian demand for budget air travel.The new airline will be based at Narita International Airport and will offer flights to Asia, Europe and the Americas, JAL said in a statement on Monday. The as-yet unnamed airline plans to start flying in the summer of 2020 with two wide-body Boeing 787-8 aircraft. JAL will invest 10 billion yen to 20 billion yen ($91.44 million to $182.88 million) in the business, with the aim of reaching profitability ...

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First Published: Mon, May 14 2018. 10:59 IST
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