Press Release
Hokkaido Air System to Become Subsidiary of Japan Airlines
TOKYO October 24, 2014: Hokkaido Air System (HAC) has become a subsidiary of Japan Airlines (JAL) following JAL completed a qualifying transaction to hold up to 51.2% of the shares in HAC on October 23, 2014.
HAC network including flights to/from remote islands such as Sapporo (Okadama) = Rishiri route and Hakodate = Okushiri route, has been recognized the important transportation across Hokkaido by local residents.
With the success of this acquisition, JAL will support HAC to improve its sales performance and further strengthen its management competence as well. After becoming a subsidiary of JAL, HAC will continually strive to be the most preferred and reliable regional airline in Hokkaido.
Japan Airlines will continue to enhance its network, the quality of products and services in order to provide customers with more convenience.
HAC Network across Hokkaido
About HAC
Headquarters: Okadama Airport, Okadama-cho, Higashi-ku, Sapporo, Hokkaido
Representative Director, President: Chihiro Tamura
Business: Air transport services and Aerial work services
Capital: 490,000,000 yen
Operating Revenues: Approx. 2.5 billion yen (as of fiscal year 2013 ending March 31, 2014)
Employees: 77 people (as of March 31, 2014)
20141024 Hokkaido Air System to Become Subsidiary of Japan Airlines.pdf
