Japan Airlines Studies Setting Up Budget Carrier
- LCC among options to widen product line-up, vice chairman says
- JAL is beefing up fleet to prepare for 2020 Summer Olympics
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Japan Airlines Co. is examining setting up a new low-fare carrier to increase capacity and take on rising competition from budget operators in Asia’s second-largest economy.
Starting a discount airline is part of the carrier’s need to widen its product line-up, Vice Chairman Junko Okawa, 63, said in an interview in Singapore on Monday. It is one of several options the company is exploring, she said, adding no decision has been taken yet. Known as JAL, the airline is already a shareholder in low-fare carrier Jetstar Japan Co.