10-Sep-2010 12:32 PM
ANA to establish LCC; Virgin Blue-Air NZ tie-up knocked back, second rejection for Virgin in days
Analysis
All Nippon Airways and First Eastern Investment Group signed an MoU yesterday to establish the "first Japanese low-cost airline". The new airline will operate international and domestic short-haul routes out of Kansai International Airport and will operate independently from ANA.
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