Japan Airlines Establishes Corporate Venture
Japan Airlines has established a Corporate
Venture Capital Fund (CVC) firm, it has called Japan Airlines
company will look to invest in startup companies around the globe
that will help JAL "to create new values that are one step ahead of its competitors", a
target raised in JAL`s Medium Term Management Plan 2018.
According to JAL, the objectives of the firm are
1) Enhance products and services;
2) Expand business domains; and
3) Create a foundation for creative
innovation opportunities for employees.
The Japan Airlines Innovation Fund has been
registered as: Japan Airlines & TransLink Innovation Fund, L.P.
with an investment of US$ 70 million (approx 8 billion Japanese
Yen). The fun manager, TransLink Capital, has offices in the US,
Beijing, Seoul, Taipei and Tokyo.