Japan Airlines and Marubeni Corporation will establish a business jet services company that will commence operations during the spring of 2019.
JAL Business Aviation Co will have paid-in capital of Y150 million ($1.37 million), with JAL holding a 51% stake and Marubeni the remainder. It will be headquartered in Tokyo.
Its key operations will include arranging charter flights, aircraft management and operational support services for business jets, such as concierge and airport handling.
JAL says that the venture will “meet the expanding demand of the service in Japan.”
The Oneworld carrier has had some experience with the business aviation market, having signed an agreement in 2017 with Dassault Falcon Services to offer a private jet connecting service for passengers transferring from its services to Paris.
Rival carrier All Nippon Airways (ANA) teamed up with Sojitz Corporation to launch its own private jet operation, ANA Business Jet, last year. The company uses Honda Aircraft HA-420 HondaJets which offers connecting services to ANA flights at Chicago O’Hare International and Los Angeles International airports.