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ANA LCC targets profitability in three years; fleet to triple, 6 million pax within five

A&F Aviation Co, the LCC subsidiary of All Nippon Airways and First Eastern Investment Group (First Eastern), stated it plans to serve 6.0 million passengers within five years of launch on international and domestic routes at about half the cost of legacy airlines. The company plans to be profitable on an annual basis in three years and clear accumulated debt while more than tripling its fleet within five years.

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