English Arabic Armenian Azerbaijani Chinese (Simplified) Chinese (Traditional) Czech Danish Dutch Estonian Filipino Finnish French Galician Georgian German Greek Hindi Hungarian Icelandic Indonesian Italian Japanese Korean Latvian Lithuanian Malay Maltese Norwegian Persian Polish Portuguese Russian Slovak Slovenian Spanish Swedish Thai Turkish Ukrainian Vietnamese

2015 launch for Air Asia Japan 2.0

PRESS RELEASE

July 01, 2014: AirAsia today announced that it will be entering into a Shareholders Agreement with Octave Japan Infrastructure Fund I GK (Octave), Rakuten Inc. (Rakuten), Noevir Holdings Co. Ltd. (Noevir), and Alpen Co. Ltd. (Alpen) to establish AirAsia Japan.

airasia-japan-from-rm199Tony Fernandes, Group Chief Executive Officer of AirAsia said, "We are very excited to return to Japan's skies together with Octave, Rakuten, Noevir and Alpen this time round. I am more confident than ever that AirAsia Japan, led by Odi (Odagiri Yoshinori) with the strong partnership we have with our new investors, will continue to realize our vision to revolutionize the low-cost carrier segment of Japan.

"The AirAsia Japan team is now working hard with the relevant authorities to obtain necessary operational approvals, and we hope that all will be in place to start both domestic and international flights by the summer of 2015."

Odagiri Yoshinori, Chief Executive Officer of AirAsia Japan further commented, "We are ready to take on this challenge and with great teamwork, we hope to bring AirAsia's successful low-cost business model once again to Japan. Our counterparts in Malaysia, Thailand, Indonesia, the Philippines and India have seen great and encouraging responses in their markets, and we will work towards the same for Japan. We would like to thank the investors for their belief in us and we look forward to working closely with them moving forward."

Octave was incorporated in Japan on May 2014 and its major business is to acquire, own, manage, hold, sell, and dispose of the shares of AirAsia Japan and make collections from the shares of AirAsia Japan; while Rakuten was incorporated in Japan on February 1997 and its major business includes Internet services (e-commerce, travel), financial services (bank, credit card, securities), telecommunications and professional sports.

Noevir, which was incorporated in Japan on March 2011 and its major business includes cosmetics, pharmaceuticals and health food, apparel and aviation business. Alpen was incorporated in Japan on July 1972 and its major business includes manufacturing and retail of ski equipment, other sporting goods equipment including golf, tennis, marine sports, baseball, etc. and leisure goods; management of ski resorts, golf courses and fitness clubs.

More News

Written on 25/09/2017, 22:32
qatar-airways-takes-delivery-of-first-b747-8-freighterEVERETT, WA.: September 25, 2017. Qatar Airways has taken delivery of its first B747-8 freighter and ordered two more plus four B777-300ERs for a total...
Written on 22/09/2017, 21:44
dhl-begins-annual-volunteer-seasonBONN: September 20, 2017. Deutsche Post DHL has begun its seventh annual global 'Volunteer Day' program that ends on October 01 to encourage its more than...
Written on 21/09/2017, 18:41
freightweek-news-update-week-38LE HAVRE: September 22, 2017. Bolloré Logistics has opened a second multimodal hub at the Pont de Normandie to manage logistics flows throughout France's...
Written on 21/09/2017, 18:20
1-77-trillion-added-value-in-iot-logistics-by-2025BONN/SHANGHAI: September 20, 2017. DHL Supply Chain has introduced a trial Narrowband Internet of Things (NB-IoT) application to improve yard management...
Written on 21/09/2017, 18:10
first-efl-charter-to-columbus-from-colomboCOLOMBO, Sri Lanka: September 20, 2017. Fashion forwarder Expo Freight has shipped 100 tonnes of garments for Ohio-based retailer L Brands on a Qatar...
Written on 21/09/2017, 18:08
geodis-delivers-massive-power-projectDEL SUR, Bolivia: September 20, 2017. Geodis is in the process of delivering 14 industrial gas turbines, 11 steam turbines and additional Siemens...
Written on 21/09/2017, 17:59
new-silk-way-rail-linkHONG KONG: September 20, 2017. Tigers, a supply chain management company, has launched 'Tiger Rail' with a 16-day transit time to and from Duisburg,...
Written on 16/09/2017, 03:41
cma-cgm-reports-us-472-million-q2-ebitMARSEILLE: September 15, 2017. CMA CGM has reported a 56.8 percent increase in second quarter 2017 revenue to US$5.55 billion and a net income of US$219...
Written on 14/09/2017, 19:01
brucargo-plans-multimodal-cloud-with-nxtportANTWERP/BRUSSELS: September 14, 2017. Data platform NxtPort and Air Cargo Belgium's BRUcargo cloud-based community have signed an MoU to develop a digital...
Written on 13/09/2017, 22:03
kuehne-nagel-launches-lithium-battery-logisticsSCHINDELLEGI, Switzerland: September 13, 2017. Kuehne + Nagel has launched 'KN Battery Chain' – a supply chain solution for shipping large lithium...
Written on 13/09/2017, 16:36
cargo-re-starts-at-miaMIAMI: September 13, 2017. Miami International Airport expects a return to normal flight operations by the weekend of September 16/17 following Hurricane...
Written on 12/09/2017, 21:07
wisetech-acquires-air-and-ocean-rate-managementSYDNEY: September 12, 2017. Logistics software group WiseTech Global has acquired two rate management companies: Netherlands-based Cargoguide covering the...
Written on 12/09/2017, 20:05
40-million-investment-for-dunkerqueDUNKERQUE: September 12, 2017. The Dunkerque Multibulk Terminal (DMT) is investing €40 million over the next two years to produce construction materials...
Written on 12/09/2017, 19:13
rickmers-group-thrown-a-lifebeltHAMBURG: September 11, 2017. The Zeaborn Group and Hamburg shipowner Bertram Rickmers are to acquire the Rickmers Group's global ship management business,...
Written on 11/09/2017, 20:50
freightweek-news-update-week-37FELIXSTOWE, UK: September 15, 2017. Construction company VolkerFitzpatrick has won a contract at the Port of Felixstowe to design and construct 13...
Written on 11/09/2017, 15:16
danes-sell-belgium-terminal-to-chinaTHE HAGUE: September 11, 2017. APM Terminals, part of the A.P. Moller - Maersk Group, is to sell its 76 percent ownership of Belgium's second largest...
Written on 08/09/2017, 18:42
hna-to-spend-another-us-1-billion-on-logisticsSINGAPORE: September 07, 2017. HNA Belt and Road Investments Singapore, a subsidiary of HNA Holding Group (HK Group), has made an unsolicited offer of...
Written on 07/09/2017, 21:21
american-cancels-flights-ahead-of-irmaDALLAS/FORT WORTH: September 07, 2017. American Airlines (AA) has canceled 2,405 flights between today and September 11 as a result of Hurricane Irma, due...
Written on 07/09/2017, 19:39
china-merchants-acquires-brazil-container-terminalXIAMEN, China: September 04, 2017. China Merchants Port Holdings (CMPort), owned by China's state-owned Assets Supervision and Administration Commission...
Written on 06/09/2017, 14:08
freightweek-news-update-week-36NEW JERSEY, September 07, 2017. The 14,400 TEU capacity CMA CGM Theodore Roosevelt has became the largest container ship to pass under the raised Bayonne...

- powered by Quickchilli.com -