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Re-enter Japan’s low cost carrier market

Monday, 14 July 2014


Photo: AirAsia Japan Take Off!


1 July - AirAsia entered a deal with Japanese e-commerce giant Rakuten, Octave Japan, Noevir Holdings and Alpen to establish AirAsia Japan. Led by Odagiri Yoshinori, Chief Executive Officer of AirAsia Japan, the AirAsia Japan team hopes to bring AirAsia's successful low-cost business model once again to Japan and expect to launch both domestic and international flights by the summer of 2015.


Middle: Odagiri Yoshinori, Chief Executive Officer of AirAsia Japan (Photo: AirAsia)


From left: AirAsia Group CEO Tony Fernandes and Rakuten CEO Hiroshi Mikitani (Photo: AirAsia)



Octave's major business includes acquire, own, manage, hold, sell, and dispose of the shares of AirAsia Japan and make collections from the shares of AirAsia Japan; while Rakuten’s major business includes Internet services (e-commerce, travel), financial services, telecommunications and professional sports.


Noevir’s major business includes cosmetics, pharmaceuticals and health food, apparel and aviation business. Alpen’s major business includes manufacturing and retail of ski equipment, other sporting goods equipment including golf, tennis, marine sports, baseball and leisure goods; management of ski resorts, golf courses and fitness clubs.



PS: Will there be a route from Singapore to Japan from AirAsia? Let stay tuned for more information.


Source: AirAsia (www.airasia.com)



Photos: AirAsiaPosted by Admin in Travel on 14 Jul 2014


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