Japan Airlines Corp, Jetstar Airways and Mitsubishi Corp have reportedly agreed to establish a LCC JV with plans to commence domestic and international service from its proposed based at Tokyo Narita International Airport by Dec-2012 (The Nikkei, 12-Aug-2011). The JV, reportedly tentatively named Jetstar Japan, will reportedly target the Japanese leisure travel market. Its domestic routes will reportedly cover Sapporo, Fukuoka and Naha, with an international network reportedly likely to cover destinations in South Korea, China and Guam. The JV will reportedly be capitalised at around JPY3 billion (USD39 million). Mitsubishi will contribute 33.4% of the amount, with JAL and Jetstar contributing 33.3% each. Through a capital increase by next summer, new shareholders are expected to be brought in. At this, Mitsubishi's ownership interest will be reduce, although JAL and Jetstar will reportedly maintain their 33.3% holding to be the two largest investors in the venture. Mitsubishi is looking to make profits by handling the leasing of Airbus aircraft used by the new carrier.
Jetstar-JAL LCC to commence service by Dec-2012: reports
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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.
Global commercial aircraft deliveries fell in 2016 as Boeing again outsold Airbus; 2017 to be a peak
The global commercial aircraft fleet grew by 4% in 2016 and the year ended with an order backlog of more than nine years of production. Among the regions, North America still has the biggest and oldest fleet, but the lowest ratio of orders to aircraft in service. By contrast, Middle East has the fewest in service, but the highest ratio of orders to current fleet numbers.
This report gives an overview of the number of commercial aircraft deliveries in 2016 and the outlook into 2017 and beyond. It also looks at numbers in service and on order by region. It is based on preliminary numbers from the CAPA Fleet Database and guidance on 2016 deliveries from Airbus and Boeing, who have yet to announce final numbers.
The data indicate that total worldwide deliveries fell in 2016, the first such decline for six years, as a result of delays to new aircraft programmes. Boeing delivered more aircraft than Airbus for the fifth straight year, but its deliveries fell short of its 2015 level, while Airbus increased its numbers year-on-year. Total deliveries will likely rise again in 2017, but this may prove to be a peak year.