ANA's low-cost subsidiary orders 10 A320s

>> Monday, February 14, 2011


All Nippon Airways' new low-cost joint venture will operate a fleet of 10 Airbus A320s.

The aircraft, which will be leased from GECAS, will seat 180 passengers each in a single-class layout. They will be powered by CFM International engines, says Airbus.

A&F Aviation, the joint venture established by the Star Alliance carrier and Hong Kong's First Eastern Investment Group, aims to start low cost services from Osaka's Kansai International Airport in the second half of the 2011 fiscal year.

The airline's name will be announced after March. ANA will own a 39% stake in the airline as part of a 66.7% stake held by Japanese investors, while First Investment group will own 33.3%.

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