U.S. Markets closed

Japan Airlines Considers Replacing Short-Haul Fleet: Bloomberg

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
·1 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Japan Airlines Co Ltd (OTC: JAPSY) is considering replacing its older Boeing Co. (NYSE: BA) 737 short-haul fleet with more modern and fuel-efficient models, Bloomberg reported, citing people familiar with the matter.

  • The airline operates 45 of the 737 jets with an average age of about 12.5 years and is currently deciding between the 737 Max range and Airbus SE's (OTC: EADSY) A320neo family, stated the report.

  • An order could be for between 30 and 50 of the narrow-body jets.

  • Japan is reportedly considering expanding a domestic travel subsidy scheme to boost its tourist business, despite its continued ban on foreign visitor numbers.

  • Price Action: BA shares are trading lower by 2.01% at $135.67 during the premarket session on Thursday. EADSY closed lower by 2.20% at $24.03, and JAPSY closed higher by 1.18% at $8.80 on Wednesday.

  • Photo Via Wikimedia Commons

See more from Benzinga

Don't miss real-time alerts on your stocks - join Benzinga Pro for free! Try the tool that will help you invest smarter, faster, and better.

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.