AirAsia Japan Co Ltd, d/b/a AirAsia Japan, is the Japanese airline subsidiary of AirAsia Group. The airline is the second attempt by the LCC group to enter the competitive Japanese market. The group's first iteration commenced on 01-Aug-2012, established as a joint venture with All Nippon Airways. In Jun-2013, ANA Holdings acquired AirAsia Group’s shareholding in the JV, creating Vanilla Air, a wholly-owned subsidiary of ANA. The airline operated under the AirAsia brand until 31-Oct-2013. AirAsia Group announced it will relaunch the Japanese brand and secured an AOC in 2015. To comply with foreign ownership restrictions, AirAsia holds a 48.9% stake in the new venture with local investors owning minority stakes - Octave Japan Infrastructure Fund (19%); Rakuten Inc (18%); Noevir Holdings Co Ltd (9%); Alpen (5%) and Fintech Global Trading Incorporated (0.1%). AirAsia Japan is based at Nagoya Chubu Centrair International Airport. It launched on 29-Oct-2017, with Nagoya-Sapporo service using A320 aircraft.
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