The Business Times
SUBSCRIBERS

AirAsia eyeing Japan venture post ANA split

Published Mon, Jan 20, 2014 · 10:00 PM
Share this article.

[LONDON] AirAsia, South-east Asia's biggest budget carrier, is close to restarting plans for a Japanese unit after a partnership with ANA Holdings unravelled in June, chief executive officer Tony Fernandes said.

"Japan is a market we are very bullish on," Mr Fernandes said last Friday. The Sepang, Malaysia-based airline has lined up local partners and plans to commence service next year, the executive said.

The carrier, with units in Indonesia, Thailand and the Philippines, expects to begin service with a new Indian venture in March as it aims to expand its regional reach. ANA, which took over AirAsia Japan Co after almost a year of operating because of a disagreement over strategy, has rebranded the unit Vanilla Air, leaving Mr Fernandes to reformulate plans.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Transport & Logistics

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here