- 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.
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