Japan Airlines to Acquire Spring Airlines Japan

Covid-19 cases in Japan are surging at the moment. However, Japan Airlines hasn't stopped developing its business. According to local media, the struggling is trying to acquire Spring Airlines Japan, a low-cost carrier based in the country. Japan Airlines currently holds a five percent stake in Spring Airlines and is expecting to increase its stake to 51% or above. Spring Airlines Japan, a Narita- based carrier, was set up by Spring Airlines, the first private airline in China. Spring Airlines…