Marubeni : The Establishment of a Business Jet Service Company ~Maximizing the value of time for our customers~
January 25, 2019 at 02:44 am
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Jan. 25. 2019
Japan Airlines Co.,Ltd
Marubeni Corporation
Japan Airlines (JAL) and Marubeni today announced the establishment of a new business jet company to meet the expanding demand of the service in Japan. Services will include the arrangement of the charter flight, management of the privately owned aircraft and provide operational and concierge services to business jet operators and to customers flying to Japan; with a target to start the service during the spring of 2019.
The new company, a joint venture between JAL and Marubeni, will contribute toward the economic-rejuvenation and development of Japan by offering services and products that will maximize the customers' time spent traveling, utilizing JAL 's worldwide network and Marubeni's business knowledge in the aviation field.
Details of the new company
Name of the firm
:
JAL Business Aviation Co.,Ltd
Representative of the firm
:
Managing Director: Ryusuke Konto
Managing Director: Kiyoshi Iwaki
Head Office Location
:
Tokyo, Japan
Capital and Paid-in Capital
:
150 Million Yen (JAL:51%, Marubeni 49%)
Business summary
:
Charter flight arrangement (JAL flight connection, Out of Japan, Oversea intercity)
Management of the aircraft (Scheduling, Crew, hanger, maintenance arrangement)
Operation support, Concierge service (Airport ground handling, Accommodation and surface transport arrangement, catering.)
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Marubeni Corporation published this content on 25 January 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 25 January 2019 07:43:01 UTC
Marubeni Corporation is a diversified group organized primarily around 12 business segments:
- sale of agricultural products and related services (47% of net sales): sale of agricultural inputs (crop protection products, fertilizers, seeds, etc.), precision farming services, formulation of crop protection products, export of cereals and oilseeds, etc.;
- sale of food products (17.6%);
- production and distribution of oil, gas, alternative energy and electricity (10.4%);
- production of chemicals and petrochemicals (6.4%);
- production of metals and mineral resources (4.9%);
- sale and financing of industrial and construction machinery and equipment (4.6%). The group also develops car sales and tire distribution activities;
- sales of consumer electronics (4.3%). In addition, the group develops real estate development and management activities;
- sale of forest products (2.3%): wood chips and biomass fuel, pulp and waste paper, paper, paperboard, hygiene products, building & construction materials and wood products;
- sale of apparel, accessories, textile and lifestyle products (1.1%);
- management and operation of aircraft and ships (1%);
- development of energy production units and industrial installations (0.3%);
- finance and leasing (0.1%): auto finance, aircraft leasing, aircraft engine leasing, leasing and renting of refrigerated trailers, commercial vehicles and commercial freight railcars, etc.
Net sales are distributed geographically as follows: Japan (37.2%), the United States (42.5%)