Shares of Indigo were trading in the green and 3% higher on 3 June after the company entered into a codeshare agreement with Japan Airlines to help the Japanese carrier to expand services to 14 destinations of the domestic carrier’s network.
Currently, Japan Airlines operates its services to Delhi and Bengaluru from Tokyo. They offer daily flight services to the national capacity from Haneda Airport, while its thrice-a-week services to Bengaluru are operated from Narita Airport.
The company, in a statement, said, “Japan Airlines (JAL) and IndiGo have agreed on codeshare partnership which will benefit the customers by providing more travel options between Japan and India.”
According to the statement, the collaboration between Japan Airlines and IndiGo will enhance Japan Airlines’ connectivity to India at first, and in the future, it will provide more travel choices for IndiGo customers through Japan Airlines’ wide-ranging domestic and international network.
As stated, the partnership will facilitate codeshare arrangements on routes in India that connect to Japan Airlines-operated flights to and from Delhi and Bengaluru.
Japan Airlines announced a partnership that will enable them to create a wide-reaching network across India, connecting to major cities such as Mumbai, Chennai, Hyderabad, Kolkata, Ahmedabad, Amritsar, Kochi, Coimbatore, Thiruvananthapuram, Tiruchirappalli, Pune, Lucknow, Varanasi, and Goa.
This partnership also includes the opportunity for IndiGo to codeshare on JAL-operated flights, with plans for further cooperation in the future.
This partnership will provide seamless connectivity to support commerce, trade, and tourism between India and Japan.
At 3:30 pm, the shares of Indigo closed 2.62% higher at Rs 4,299 on NSE.