Aerospace Diary

Posted by- Neelam Mathews June 25, 2013 Press Release SEPANG, 25 June 2013 –  AirAsia today announced its decision to terminate its participation in the joint venture with ANA Holdings Inc. under AirAsia Japan with the signing of a termination agreement.  The joint venture, created two years ago under the name AirAsia Japan faced many challenges since its launch. Issues stemmed from a fundamental difference of opinion between its shareholders on how the business should be managed from cost management to where the domestic business operations should be based. AirAsia Berhad through AirAsia Investment Ltd. had subscribed 25,120 voting shares and 23,880 non-voting shares at JPY 50,000 per share, which represented forty-nine percent (49%) of the paid-up share capital in AirAsia Japan. The termination comprises an acquisition of AirAsia’s entire shareholding in AirAsia Japan by ANA Holdings Inc. for JPY 2,450,000,000 (approximately RM80,475,150 base...

Posted by- Neelam Mathews Oct 10, 2012   AirAsia Japan, is starting flights to Seoul (Incheon), Korea. In conjunction with the international flight debut celebration, AirAsia Japan is having a special promotion with seats from as low as KRW2,000.  The Narita to Seoul (Incheon)  daily route will begin operations on October 28 . Air Asia's founder Tony Fernandes   said: “This is a great day for all of us, and an even greater day for the consumers & air travelers in Korea. With AirAsia’s low fare, everyone can now travel to more places more often. AirAsia Japan’s announcement of this international route today is a dream come true for us..."

Posted by- Neelam Mathews June 8, 2012 Japan’s newest low-cost carrier AirAsia Japan has taken delivery of its first Airbus A320 aircraft in Toulouse, France. The Narita-based carrier will start commercial services on August 1 from Narita International Airport to Sapporo and Fukuoka, and from August 3rd to Okinawa with an initial fleet of two aircraft. AirAsia Japan will start international operations to Seoul (Incheon) and Pusan in Korea in October, with a fleet growing to four aircraft by the end of 2012. AirAsia Japan’s A320s are configured in an all economy layout with 180 seats. Each aircraft is powered by CFM56 engines. “We are extremely happy to take delivery of our brand new Airbus A320. Our aim is to provide opportunities for everyone to fly with low fares. With the A320’s cabin comfort and operational reliability, we want to offer better access, in particular for the Japanese travelling public, and make them feel easy to fly,” said AirAsia Japan President Kazuyuki ...