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Benzinga
Benzinga
Business
Akanksha Bakshi

Japan Airlines Considers Replacing Short-Haul Fleet: Bloomberg

British Airways Japan EADSY Airbus SE Boeing Co
  • 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
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