Japan Airlines to issue ¥10bn “transition bond”

Japan Airlines to re-introduce B767-300 freighters

04.05.2023 – 00:51 UTC

JAL – Japan Airlines (JL, Tokyo Haneda) will re-introduce B767 freighters 13 years after last flying them. In a May 2, 2023, statement, the airline said it would induct three B767-300(ERBCF)s by the end of FY2023 (i.e. March 31, 2024) and deploy them primarily around East Asia.

“With plans for further growth in the cargo and mail business, the company has decided to operate its own freighters,” reads the statement.

JAL operates a 27-strong fleet of passenger-configured B767-300ERs, and says it will convert three of those. However, the airline was unable to say which aircraft it would convert. The airline is introducing A350-900s and A350-1000s to update its widebody passenger fleet. In the last 12 months, Japan Airlines has retired two B767-300ERs but both aircraft have gone to UPS Airlines (5X, Louisville International). Among the 27 aircraft in service, all but one (JA616J (msn 35813)) are owned by the airline and the fleet ranges in age from 11.44 years to 21.05 years. The carrier says that it plans…

Japan’s ANA formally axes Mitsubishi SpaceJet contract

27.04.2023 – 21:32 UTC

ANA – All Nippon Airways (NH, Tokyo Haneda) has formally advised the Tokyo Stock Exchange (TSE) that it has cancelled its aircraft order with Mitsubishi Aircraft Corporation after that entity axed its SpaceJet program in February.

In a February 24 filing, ANA – All Nippon Airways said it had terminated the firm contract for 15 aircraft, along with options for a further 10. The order dates back to 2008, with ANA securing M90 launch customer status. The aircraft type was initially due to enter revenue service with subsidiary ANA Wings (EH, Sapporo Chitose) in 2013. But a continuing series of development problems meant that no SpaceJets were ever delivered to customers. After pausing development in October 2020, Mitsubishi finally ended its foray into the commercial airline business earlier this year.

ANA – All Nippon Airways had previously received compensation from Mitsubishi over the delivery delays. This week’s filing said the airline expected no financial impact this fiscal year from the cancellation. There was no disclosure of any further compensation payments from…

Japan’s Toki Air secures licence, ops to start in late 2Q23

05.04.2023 – 19:58 UTC

Japanese startup Toki Air (Niigata) has secured its business licence and aims to commence flight operations on June 30, the startup said, claiming that it will be Japan’s first new “independent” airline launch in 14 years.

In a March 31 statement, Toki Air confirmed it had obtained the permit from the Ministry of Land, Infrastructure and Transport. The application was filed in late November 2022. The low-cost carrier is a joint venture between the Niigata Chamber of Commerce and Niigata Association of Corporate Executives and has acquired two ATR72-600s, JA01QQ (msn 1565) and JA02QQ (msn 1620), on leases from Nordic Aviation Capital. The business licence comes ahead of its intention to secure an AOC.

From June 30, Toki Air will start operating two roundtrips a day between Niigata and Sapporo Okadama. The last passenger airline to launch in Japan that was not affiliated with one of the major carriers was Fuji Dream Airlines (JH, Shizuoka) in 2009. Toki Air is the only airline based at Niigata and it…

Editorial Comment: Clarified it is a business licence rather than an AOC – 06.04.2023 – 11:18 UTC

Japan Airlines orders 21 B737 MAX 8s

26.03.2023 – 21:46 UTC

JAL – Japan Airlines (JL, Tokyo Haneda) will start taking delivery of twenty-one B737-8s in 2026 after locking in a firm order with Boeing. The commitment forms part of the carrier’s fleet renewal strategy, with the aircraft flagged to replace existing B737-800s.

According to ch-aviation fleets advanced data, there are forty-three B737-800s at Japan Airlines, thirteen B737-800s at subsidiary JTA – Japan Transocean Air (NU, Okinawa Naha), and six of the type at Spring (IJ, Tokyo Narita). JAL Group has not disclosed if the MAX 8s are exclusively for its mainline or if they will also be distributed among its subsidiaries

In a statement, Japan Airlines said the incoming aircraft would “strengthen its domestic and regional network” and push the airline towards its 2050 carbon-neutral goals. “We are delighted to select the Boeing 737-8,” said Japan Airlines’ president, Yuji Akasaka.

The order continues the carrier’s long-standing preference for Boeing aircraft and confirms reports earlier this month that the MAX had edged out the Airbus

Article source: https://airlines.einnews.com/article/638274801/qtaobzc2kiF7XGjo?ref=rss&ecode=vaZAu9rk30b8KC5H

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