Finnair Entry to British Airways, JAL Joint Business Venture Gets Green Light
The planned addition of Finnair to the joint business venture between British Airways and Japan Airlines was approved Wednesday by Japanese regulators. The arrangement will allow the three airlines to share revenue and coordinate flight schedules and fares on flights between Europe and Japan.
Japan’s Ministry of Land, Infrastructure, Transport, and Tourism granted antitrust immunity to the three-way joint business venture, allowing the plan, first announced in July, to move forward.
The new joint business venture is expected to begin to operate next spring.
British Airways and Japan Airlines began their joint business venture in October of last year. The two airlines currently cooperate on all nonstop flights between Europe and Japan operated by either carrier.
Finnair currently operates daily flights between Helsinki and Tokyo, Osaka, and Nagoya. Japan Airlines started daily, nonstop flights between Tokyo Narita and Helsinki on July 1 of this year.
Finnair, British Airways, and Japan Airlines are all members of the oneworld airline alliance. Finnair is the flag carrier of Finland as well as the nation’s largest airline. It’s also the fifth oldest airline in the world, when measured by uninterrupted operation.
(Photo: Accura Media Group)