The JAL Group (OTC: JAPSY) today announced further reductions on its domestic network between September 3rd and September 30th. In accordance with the conditions of carriage, customers affected by the cancellations during this period will be re-accommodated on an alternative flight. The “JAL Domestic PCR Inspection Service” for JAL Group customers, we will be expanding the program to include all JAL Group domestic customers and all fares offering better price. To date, the carrier has received more than 57,000 applications to conduct pre-travel testing for COVID-19. We will create a hygienic and clean environment at airports and on board to provide our customers with a safe and secure travel experience.
In addition, the Japanese government is also offering free PCR and antigen quantification tests for passengers departing from Haneda, Narita, Nagoya(Chubu),Osaka(Itami), Osaka(Kansai) and Fukuoka to airports in Hokkaido, Okinawa, Hiroshima, Fukuoka and Kagoshima from July 20 to September 30, in order to ensure the safety of people in Hokkaido, Hiroshima, Fukuoka, Kagoshima and Okinawa prefectures as well as those who have no choice but to travel there.
We sincerely apologize for any inconvenience, this may cause to customers who have booked flights on the reduced schedule, but would like to ask for our customer`s understanding during this unprecedented time.
Reductions Added Today
Summary by Month
Note – Figures Include JAL Group Operated Flights (JAL, J-AIR, JAC, HAC, JTA, RAC) Select routes may be operated by a different aircraft configuration and customers may receive a new seat assignment. Also, First Class/Class J may not be offered when a change in aircraft configuration occurs.
The JAL Group (OTC: JAPSY; Tokyo: 9201.T) today announced further reductions on its domestic network plan through March 11, 2021. With the state of emergency in effect through March 7, travel demand is expected to decline. As such, the JAL Group will reduce additional flights within the month of February and the beginning of March. For flights between March 12-31, the carrier plans to announce details on February 18, 2021.
The JAL Group has implemented key measures against COVID-19 to provide our customers with a safe and secure travel experience. We sincerely apologize for any inconvenience, but would like to ask for our customer`s understanding during this unprecedented time.
Note – Figures Include JAL Group Operated Flights (JAL, J-AIR, JAC, HAC, JTA, RAC)
Allegiant (NASDAQ: ALGT) today announces 21 new nonstop routes, including nine routes to three new cities: Portland, Oregon; Key West, Florida, and Jackson Hole, Wyoming. Included as part of today’s announcement are eight routes that were delayed in 2020 due to the COVID-19 pandemic.
“Today, travelers are seeking destinations that allow them the chance to recreate in a safe way, usually outdoors,” said Drew Wells, Allegiant’s vice president of revenue and planning. “The three cities we’re adding to our network – Key West, Portland and Jackson Hole – are gateways to some of the United States’ most scenic destinations, including national parks and other outdoor attractions that are in high demand.”
New service from Jackson Hole Airport (JAC) includes:
Los Angeles, California via Los Angeles International Airport (LAX) – beginning June 2, 2021.
Phoenix, Arizona via Phoenix Mesa Gateway Airport (AZA) – beginning June 2, 2021.
Las Vegas, Nevada via McCarran International Airport (LAS) – beginning June 4, 2021.
Reno, Nevada via Reno-Tahoe International Airport (RNO) – beginning June 4, 2021.
New service from Key West International Airport (EYW) includes:
Nashville, Tennessee via Nashville International Airport (BNA) – beginning June 2, 2021.
Sanford, Florida via Orlando Sanford International Airport (SFB) – beginning June 4, 2021.
New service from Portland International Airport (PDX) includes:
Santa Maria, California via Santa Maria Airport (SMX) – beginning April 15, 2021.
Monterey, California via Monterey Regional Airport (MRY) – beginning May 28, 2021.
Idaho Falls, Idaho via Idaho Falls Regional Airport (IDA) – beginning May 28, 2021.
New service from General Wayne A. Downing International Airport (PIA) includes:
Sarasota, Florida via Sarasota-Bradenton International Airport (SRQ) – beginning May 27, 2021.
Denver, Colorado via Denver International Airport (DEN) – beginning May 28, 2021.
The new route to/from Charleston, South Carolina via Charleston International Airport (CHS) includes:
Belleville, Illinois/ St. Louis, Missouri via MidAmerica St. Louis Airport (BLV) – beginning May 28, 2021.
The new route to/from Baltimore, Maryland via Baltimore/Washington International Thurgood Marshall Airport (BWI) includes:
Punta Gorda, Florida via Punta Gorda Airport (PGD) – beginning May 27, 2021.
In addition to these new routes, Allegiant is announcing new dates for eight routes that were postponed in 2020 due to the pandemic.
The rescheduled routes to Norfolk International Airport (ORF) include:
Pittsburgh, Pennsylvania via Pittsburgh International Airport (PIT) – beginning June 3, 2021.
Columbus, Ohio via Rickenbacker International Airport (LCK) – beginning June 3, 2021.
The rescheduled route to Nashville, Tennessee viaNashville International Airport (BNA) includes:
Greensboro, North Carolinavia Piedmont Triad International Airport (GSO) – beginning June 3, 2021.
The rescheduled route to/from Boston, Massachusetts via Boston Logan International Airport(BOS) includes:
Grand Rapids, Michigan via Gerald R. Ford Airport (GRR) – beginning March 5, 2021.
The rescheduled route to/from Louisville, Kentucky viaLouisville International Airport (SDF)includes:
Charleston, South Carolinavia Charleston International Airport (CHS) – beginning May 28, 2021.
The rescheduled route to/from Myrtle Beach, South Carolina viaMyrtle Beach International Airport (MYR) includes:
Volkswagen logo is seen on a Teramont X SUV displayed at the second media day for the Shanghai auto show in Shanghai
HONG KONG/BEIJING (Reuters) – Volkswagen AG <VWAGY> is set to take a 20% stake in Chinese electric vehicle battery maker Guoxuan High-tech Co Ltd, two sources told Reuters, as the German firm accelerates its electric push into the world’s largest auto market.
The deal would mark Volkswagen’s first direct ownership in a Chinese battery maker and comes as the Wolfsburg-based automaker strives to meet a goal of selling 1.5 million new energy vehicles (NEVs) a year in China by 2025, including plug-in hybrid cars.
The top foreign automaker in China plans to acquire the stake in Shenzhen-listed Guoxuan via a discounted private share placement in the coming weeks, the two sources with knowledge of the matter said. Based on Guoxuan’s market capitalization of $2.8 billion, a 20% stake in the company at present is worth about $560 million.
The deal’s details have been mostly finalized and the two firms are waiting for new Chinese regulatory rules on private share placements that will provide a more flexible pricing mechanism and shorter lock-up periods for majority shareholders, said one of the people, speaking on condition of anonymity.
After the stake purchase, Volkswagen will become the battery maker’s second-largest shareholder with a 20% stake, behind Zhuhai Guoxuan Trading Ltd, a firm controlled by Guoxuan’s founder Li Zhen, which currently holds 25%.
Guoxuan is among a swathe of mid-tier Chinese battery makers behind CATL and BYD. It is based in China’s eastern city of Hefei, where Volkswagen is also building electric vehicles with JAC Motor, one of a number of its Chinese joint venture partners.
A third source, who declined to be named due to the sensitivity of the matter, said Volkswagen has long wanted to control a battery maker to better manage its supply chain.
Volkswagen declined to comment. Guoxuan and the China Securities Regulatory Commission did not immediately respond to requests for comment.
To achieve its NEV sales goal in China, Volkswagen has built a new $2.5 billion electric vehicle plant with partner SAIC Motor that will have annual output capacity of 300,000 cars and is also revamping manufacturing facilities in China’s southeastern city of Foshan to build electric cars with partner FAW Group.
Volkswagen has also identified CATL as a strategic supplier and Volkswagen board member Stefan Sommer told Reuters in July last year that it could even build its own battery cell manufacturing plants in China.
“By holding a stake in the top Chinese battery makers, carmakers can gain more bargaining power on battery prices,” said Yale Zhang, managing director of Shanghai-based consultancy AutoForesight. “Foreign carmakers are now catching up with their Chinese counterparts on securing battery supplies in China.”
Volkswagen’s rivals in China include Tesla, which earlier this month began delivering cars from its $2 billion factory in China. The U.S. electric car maker eventually plans to manufacture 250,000 vehicles a year in the plant’s first phase.
China has been a keen supporter of NEV – pure battery electric, hybrid and plug-in hybrids – and has started implementing NEV sales quota requirements for automakers.
However, cuts to subsidies have dealt the market a blow, with NEV sales contracting for the first time last year. Sales this year are likely to be flat or rise only slightly, according to China’s top auto industry association.
(Reporting by Julie Zhu in Hong Kong and Yilei Sun in Beijing; Additional reporting by Zhang Yan and Zhang Xiaochong in Beijing; Editing by Brenda Goh and Richard Pullin)
