Spring Airlines
The airline received an air operator's certificate on 17 December 2013, having filed in September 2013 with 1.5 billion yen of equity capital, of which Spring Airlines invested 33%. The remainder of the airline's capital was provided by Japanese financial institutions, IT enterprises and trading companies, among others. There were plans to raise a further 4.5 billion yen of capital prior to commencement of operations. Japanese travel agency JTB announced in March 2014 that it would invest in Spring Airlines Japan and enter a partnership with the airline to provide Japan tour packages to Chinese customers.