Japan Airlines (JAL) and Marubeni have jointly established a new business jet company meet the rising demand of such services in Japan.
Set to begin operations in the spring of 2019, the company will be headquartered in Tokyo.
Its services will include the arrangement of charter flights both overseas and inter-city; management of the privately-owned aircraft which includes maintenance and crew; and provision of operational and concierge services to business jet operators and customers flying to Japan.
JAL Business Aviation will have paid-in capital of 150 million yen (US$1.4 million), with JAL holding a 51 per cent stake and Marubeni owning the remaining 49 per cent.
