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.
ANA seeks overseas partners to launch LCC as early as 2011
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CAPA LCCs in North Asia Summit: Osaka, 13/14-Jun-2017 to be hosted by Kansai Airports
OSAKA, 22 September 2016 – CAPA - Centre for Aviation is pleased to announce that Osaka will be the host city for the annual CAPA LCCs in North Asia Summit on 13-14 June 2017.
The Summit, to be hosted by Kansai Airports, is one of the largest LCC gatherings in the region, attracting LCC CEOs from across Asia.
“Kansai International Airport as the gateway to Kansai region welcomes the CAPA LCCs in North Asia Summit in Osaka. We are extremely proud that this Summit will be hosted by Kansai Airports with the opportunity to introduce the attractiveness of the Kansai Region. For several years the LCC market has been on strong growth at KIX, where we have the number one LCC network among Japanese airports. We are really delighted to host this event in 2017 since our LCC Terminal extension will be completed by the first quarter next year”, said Yoshiyuki Yamaya, Representative Director and CEO, Kansai Airports, and Emmanuel Menanteau, Representative Director and Co-CEO, Kansai Airports.
Ryanair's 117million pax in 2016 tops European airline groups. The first time an LCC topped rankings
For the first time ever in Europe, in 2016 a low cost airline carried more passengers than any other airline or airline group, as Ryanair's 117 million passengers pushed Lufthansa Group's 110 million into second place. Ryanair had beaten Lufthansa itself, but not the whole Lufthansa Group. IAG's first full year of including Aer Lingus helped it to take third place from Air France-KLM. Europe's number two LCC, easyJet, was ranked fifth.
The big five can be expanded into a big seven to include Turkish Airlines and the Aeroflot Group, although these two had contrasting growth rates in 2016. A chasing pack of middle sized airline groups includes three LCCs (Norwegian, Pegasus and Wizz Air) and three legacy airlines with varying challenges to establishing sustainable profitability (SAS, Air Berlin Group and Alitalia).
Most of the faster growing airline groups in the top 20 are LCCs and the main growth drivers for Europe's big three legacy groups are their LCC subsidiaries. Just outside the top 20 are some fast growing legacy airlines in Eastern Europe, demonstrating the potential there. Nevertheless, unless there is a big merger or acquisition, Ryanair looks set to remain at number one for some time.