JAPANESE AIRLINES TO STREGTHEN TIES WITH LOW COST CARRIERS

Highlights –

• Japanese airlines to strengthen ties with low cost carriers.
• ANA Holdings is likely to launch a new LCC brand in the year to March 2023.
• ANA Holdings reported a record net loss of $3.7 billion.
• JAL posted a net loss of 286.69 billion yen.

Due to uncertainty over travel demand from the coronavirus pandemic, Japan's two major airlines are....