JAL invests US$70m in new innovation fund
Japan Airlines has made a US$70m investment in establishing a new corporate venture capital fund that will focus on investing in travel-related technology. The Japan Airlines Innovation Fund will be managed by US venture capital firm TransLink Capital, through which “JAL will proactively act with speed; promote collaboration and co-creation with start-up companies featuring state-of-the-art technology.” It adds that the objectives of the fund are to enhance the product offerings of the airline as a full-service carrier, leverage JAL’s assets to focus on new types of transportation, and strengthen the opportunities for its employees to work alongside start-up companies. The creation of the fund is in-line with JAL’s latest medium-term management plan. <br/>
https://portal.staralliance.com/imagelibrary/news/hot-topics/2019-01-28/oneworld/jal-invests-us-70m-in-new-innovation-fund
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JAL invests US$70m in new innovation fund
Japan Airlines has made a US$70m investment in establishing a new corporate venture capital fund that will focus on investing in travel-related technology. The Japan Airlines Innovation Fund will be managed by US venture capital firm TransLink Capital, through which “JAL will proactively act with speed; promote collaboration and co-creation with start-up companies featuring state-of-the-art technology.” It adds that the objectives of the fund are to enhance the product offerings of the airline as a full-service carrier, leverage JAL’s assets to focus on new types of transportation, and strengthen the opportunities for its employees to work alongside start-up companies. The creation of the fund is in-line with JAL’s latest medium-term management plan. <br/>
