26-Mar-2015 1:01 PM
ANA SVP EMEA: Peach is the only profitable Japanese LCC so far
All Nippon Airways SVP EMEA Yutaka Ito, speaking at CAPA's Airlines in Transition Conference on 25/26-Mar-2015, stated (25-Mar-2015) Peach is the only profitable Japanese LCC so far. A major factor in the success of the carrier has been the arms-length relationship between the LCC and its shareholders, allowing it to introduce innovations and focus on its own model. ANA has focused Peach on traffic between Japan and other Asian nations. Its other LCC unit, Vanilla Air, is more focused on the leisure travel market.