2-Aug-2010 10:59 AM

ANA seeks overseas partners to launch LCC as early as 2011

All Nippon Airways Co (ANA) will select partners to establish a new LCC as early as next month (Nikkei, 02-Aug-2010). ANA may take a stake of between 30% and 50% in the new company, with overseas airlines and investment funds owning slightly less than 30%, according to reports. The airline will be established as early as 2011.