Posted on: 27 October 2014 by Mark Howells
On 23 October, Japan Airlines (JAL) completed a qualifying transaction to acquire Hokkaido’s regional airline, Hokkaido Air System (HAC), in which it now holds up to 51.2% of shares.
JAL hopes that it can now help improve HAC’s sales performance and management competency on a domestic regional network that include flights between remote islands such as Sapporo (Okadama) and Rishiri route as well as Hakodate and Okushiri route.
HAC has a fleet of three Saab 340Bs and an operating revenue of around 2.5 billion yen (as of fiscal year 2013 ending 31 March 2014). The airline currently employs 77 members of staff.