Japan Airlines Acquires 51.2% Stake in Hokkaido Air System
Hokkaido Air System announced that it has become a subsidiary of Japan Airlines, with JAL acquiring 51.2% of the shares in Hokkaido Air Systems.
The regional carrier was founded in 1997, and operates domestic service from its base in Hokkaido, Japan. It currently has a fleet of three Saab 340B aircraft.
Japan Airlines is the flag carrier of Japan, and was founded in 1951. It has its main hubs at Tokyo Narita and Tokyo Haneda Airports.
Later this month, JAL, a member of the oneworld alliance, plans to expand its codeshare with joint venture partner and oneworld member American Airlines.
(Photo: Accura Media Group)