Tuesday, 11th June 2013
In General Japan News,
AirAsia Japan may lose ANA as a partner
Japan's All Nippon Airways (ANA) may be parting company with AirAsia Japan, one of the country's top low-cost carriers.
Officials said that issues had arisen as a result of a "difference of opinion in management, most critically on the points of how to operate a low-cost business".
Speaking in an interview for the Wall Street Journal, Tony Fernandes, chief of AirAsia, said: "[The business has] got to be run as a low-cost airline. The difficulties right now … are that we just have different styles of running it".
ANA Holdings currently has a majority share in the business with a 51 per cent stake while Air Asia, which is based in Malasia, owns 49 per cent of the busiess.
The news comes just shortly after it was announced that AirAsia Japan would be adding more international flights to its schedule.
Yoshinori Odagiri, chief executive officer of the carrier, said: "We're trying to balance the increase in costs with more inbound flights from overseas."
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