Japanese low-cost carrier (LCC) Zipair Tokyo – a new budget arm of Japan Airlines – has been granted an air transport business licence, according to reports.
FlightGlobal reports that Japan’s Ministry of Land, Infrastructure, Transport and Tourism has given the go ahead and the new carrier will start flying in 2020.
Zipair Tokyo will initially operate two Boeing 787-8 aircraft, each with 290 seats, on two daily services: Tokyo Narita-Bangkok Suvarnabhumi starting 14 May 2020, and Tokyo Narita-Seoul Incheon from 1 July 2020.
According to documents from the Japanese ministry, the report also claims the carrier has Y5 billion ($45.9 million) in capital and plans to increase this to Y20 billion by the start of operations.
FlightGlobal reports that Zipair Tokyo will be the only LCC operating on the Bangkok sector but will compete with five South Korean budget airlines on the Seoul route – Air Seoul, Eastar Jet, Jeju Air, Jin Air, and T’way Air.
The airline is also looking to grow its network into Europe and North America and develop its 787-8 fleet to 10 over five years.