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SEOUL (-) – Japan Airlines Co Ltd (JAL) might increase a three way partnership with Malaysia Airlines to cowl U.S. flights and different Asian routes sooner or later, the Japanese provider’s president stated.
The pair signed a memorandum of understanding for a JV on Malaysia-Japan flights on May 27, however JAL President Yuji Akasaka stated that was solely a part of a deepening partnership between the 2, each members of the oneworld alliance.
The Malaysian authorities is contemplating whether or not to close, promote or refinance its loss-making nationwide provider, Prime Minister Mahathir Mohamad stated in March.
JAL, which undertook a profitable turnaround after getting into chapter in 2010, may present recommendation to Malaysia Airlines primarily based by itself expertise, Akasaka advised reporters on the sidelines of an airline business convention in Seoul on Sunday.
“We consider what Malaysia Airlines goes via proper now could be just like what Japan Airlines went via and we recovered from that scenario,” he stated via a translator.
Akasaka stated as soon as the Malaysia-Japan JV was authorised by authorities there could be alternatives to increase the partnership, to cowl U.S. flights and different Asian routes.
Malaysia Airlines lacks direct flights to the United States, however JAL operates a lot of U.S. routes.
Akasaka stated it was too early to say whether or not JAL would contemplate an fairness funding in Malaysia Airlines however future discussions had been attainable.
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