Jetstar Airways and Spring Airlines reportedly plan to operate domestic routes in Japan (Yomiuri/Bloomberg, 08-Mar-2011). The LCCs will raise funds from Japanese companies to establish units in Japan to satisfy regulations requiring companies that operate domestic routes have less than one-third foreign capital. The carriers have reportedly approached Japan’s MLIT with their plans. The ministry will reportedly approve the move if the companies meet the required conditions.
Jetstar and Spring Airlines to establish units in Japan
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