Japanese national flag carrier, Japan Airlines has decided to get rid of its dedicated Boeing 777 domestic fleet. This latest news comes on the back of a massive $3.6 billion annual loss. The Shinagawa, Tokyo-headquartered airline said that its domestic 777-200s and 777-300s would all be retired by 2023.
While Oneworld alliance member said that all of its long-range Boeing 777-200ERs would be taken off international routes by March 2021. JAL said that some of them would see out their days flying Japanese domestic routes.
This move to retire the Boeing 777 and send back some Boeing 737s to lessors follows on from an announcement by fellow Japanese airline All Nippon Airways (ANA) that it was reducing the size of its fleet. ANA plans to get rid of a total of 35 aircraft, of which 22 will be Boeing 777s.
In other JAL related news, The Japanese second-biggest airline has taken out a new credit line worth 100 billion yen ($958 million) to strengthen its business portfolio. JAL expects a net loss of between 240 billion to 270 billion yen for the current financial year through March 2021.