TOKYO/SAPPORO/MIYAZAKI, Japan -- Two of Japan's regional airlines, Airdo and Solaseed Air, announced Monday that they will merge in 2022, a move that could portend more consolidation among airlines in the wake of the COVID-19 pandemic.
The merger aims to lower the two airlines' operating costs through standardization and more efficient use of resources, such as personnel and facilities. The carriers will set up a joint holding company in the fall of next year.
