TOKYO: While uncertainty remains over when — or if — travel demand will make a full-fledged recovery from the coronavirus pandemic, Japan’s two major airlines are positioning themselves to take advantage of any upturn with a punt on low-cost services.
With leisure demand expected to recover much faster than business travel, ANA Holdings Inc and Japan Airlines Co are both strengthening ties with low-cost carriers (LCC).
But the move by the two airlines, which have established themselves as full-service carriers, could be a double-edged sword, aviation experts say.
ANA Holdings, the parent company of All Nippon…