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All Nippon Airways may launch budget airline by next March
Japan's All Nippon Airways Co Ltd plans to set up a low-cost Asian airline. Nikkei Business Daily reported that ANA plans to launch the low-cost airline as early as fiscal 2008, citing unnamed sources.
Published: 27 Mar 2008
Japan's All Nippon Airways Co Ltd plans to set up a low-cost Asian airline. Nikkei Business Daily reported that ANA plans to launch the low-cost airline as early as fiscal 2008, citing unnamed sources.
ANA either may create the new airline as a joint venture with another existing carrier, or acquire an existing airline, according to the Nikkei.
In addition, the report said that ANA will establish a strategy office in Hong Kong next month to conduct market research and find a local partner.
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