All Japan Airlines articles – Page 2
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News
Vertical warns UK could miss out on eVTOL benefits without government action
Bristol-headquartered Vertical Aerospace has called for the UK government to urgently set out clear policy goals to enable advanced aerial mobility operations to begin at scale from mid-decade or risk missing out on the economic and social opportunities they promise.
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Japan Airlines to acquire up to 100 Vertical Aerospace eVTOLs from lessor Avolon
Japan Airlines intends to lease or purchase up to 50 of Vertical Aerospace’s in-development VA-X4 air taxis from aircraft lessor Avolon.
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Japan Airlines to raise Y300 billion for post-pandemic future
Japan Airlines has finalised plans to raise Y300 billion ($2.73 billion) — through hybrid loans and subordinated bonds — to prepare it for “drastic changes” in a post-pandemic business environment.
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News
JAL signs CFM56 services package with GE
Japan Airlines has signed an engine services agreement with GE Aviation, covering the CFM56-7B turbofans that power its fleet of Boeing 737-800s.
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News
Japan Airlines narrows first-quarter loss
Japan Airlines narrowed its first-quarter loss on the back of rising revenue, warning that it is “difficult to reasonably foresee” the timing and nature of the sector’s recovery.
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JAL fortifies low-cost strategy with Jetstar Japan, Spring Japan investments
Japan Airlines will make additional investments in two of its three low-cost units, Jetstar Japan and Spring Japan, as it looks to build up a low-cost network centred around its Tokyo Narita hub.
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Airline Business
Japanese majors pin recovery hope on low-cost units
Recent announcements from JAL and ANA underscore the importance of low-cost carriers in the broader airline strategy and mark a mindset shift for the two carriers, who were previously wary about growing their low-cost offerings. But given the current pandemic, are the two carriers putting all their eggs in one basket?
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News
JAL domestic 777s to exit by 2023, A350s to become flagship
Japan Airlines has picked the Airbus A350 as its future flagship aircraft, as it retires its fleet of domestic Boeing 777s by 2023, and reduces the number of large widebodies in the medium term.
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News
JAL retires PW4000-powered 777s following United engine incident
Japan Airlines has brought forward the retirement its fleet of older Boeing 777s powered by Pratt & Whitney PW4000 engines by a year, citing “no known report” to resume operations of the type.
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News
JAL cuts earnings forecast citing pandemic uncertainty
Japan Airlines (JAL) has sharply reduced its profit and revenue forecasts for the 2020 financial year, as it reports significant nine-month losses.
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ANA to retire domestic large aircraft ‘ahead of schedule’
All Nippon Airways will retire large aircraft operating domestic flights “ahead of schedule” — and cut their utilisation by half — as it discloses that domestic operations will “make up the core” of its earnings in the coming financial year, which begins on 1 April.
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Airline Business
Once prolific operators, Japanese majors bid sayonara to venerable 777 ‘Classics’
Once profilic operators of the Boeing 777, Japan Airlines and All Nippon Airways have recently announced that they will cut their 777 fleets by significant numbers. While not entirely a surprise given the state of the aviation industry, this marks the passing of an era for Japanese carriers, which have been intimately entwined with programme from its infancy decades ago.
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News
JAL to raise Y168 billion in foreign and domestic share placements
Japan Airlines is looking to raise nearly Y168 billion ($1.6 billion) in share placements, part of which will go toward fleet development, as well as to its newly-formed low-cost unit Zipair Tokyo. The Oneworld carrier will issue more than 90 million shares, with nearly two-thirds to be offered in domestic ...
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News
Japan Airlines and Malaysia Airlines to launch joint business
Japan Airlines and Malaysia Airlines expect to launch a joint business partnership on 25 July, through which the two national carriers will co-operate commercially on flights between Malaysia and Japan. JAL says the airlines will “take on new challenges to further enhance convenience between Japan and Malaysia and allow customers ...
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News
DOT issues final order denying antitrust immunity for Hawaiian-JAL joint venture
The US Department of Transportation has issued a final order denying a request of antitrust immunity for Hawaiian Airlines’ proposed joint venture with Japan Airlines.
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News
Hawaiian suspends flights to Tokyo Haneda
After suspending its flights to South Korea in late February, Hawaiian Airlines now has halted flights from Hawaii to Tokyo’s Haneda International airport following declining demand for capacity to Asia amid the spiraling coronavirus scare.
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News
JAL signs codeshare pacts with MIAT Mongolian and Royal Brunei
Japan Airlines is extending its reach into Mongolia and Brunei through codesharing pacts with their respective flag carriers. JAL says the codeshare with MIAT Mongolian Airlines would cover that carrier’s flights from Ulaanbaatar to Tokyo Narita and Osaka Kansai, starting 31 March. Cirium schedules data show that MIAT flies five ...
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News
JAL’s third-quarter profit hit by weak international demand
Japan Airlines (JAL) posted a 20% decline in third-quarter operating profit, on the back of lower revenue from the international passenger and cargo segments. Operating profit for the three months ended 31 December 2019 came in at Y38.8 billion ($357 million), the carrier states in an investor presentation. Domestic passenger ...
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Airline Business
Hawaiian full year income falls as competition increases
Hawaiian Holdings, the parent company of Hawaiian Airlines, says net adjusted income for the full year 2019 fell 25% to $219 million compared to the same period a year ago as it faced stiff new competition on some of its stronger routes within the Hawaiian Islands, to the US mainland and to Japan.
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News
JAL to test drone flights for medical supply delivery
Japan Airlines has signed a cooperation agreement with the Japanese city of Yabu to launch unmanned aerial vehicle (UAV) test flights to transport medical supplies. JAL is hoping to conduct the maiden sortie this spring. The expected route will span about 25km, from a hospital to a clinic and over ...