AirAsia Japan secures AOC

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By TESTCustomwebLP TESTCustomwebLP October 9, 2015 17:43

AirAsia Japan secures AOC

AirAsia Japan is on target for an April 2016 launch after securing its Air Operators Certificate (AOC) from the Japan Civil Aviation Bureau division of the Japanese Ministry of Land, Infrastructure, Transport and Tourism (MLITT).

AirAsia Japan’s chief executive officer is Yoshinori Odagiri, who was the former chief executive of the previous incarnation of AirAsia Japan in the joint venture with ANA Holdings, which was dissolved in June 2013. Back then Tony Fernandes, CEO of the AirAsia Group said that he had not “given up on the dream of changing air travel in Japan, and look forward to returning to the market”.

Speaking on the news of the AOC on October 6, Fernandes said: “We are very excited to be back in Japan. We have fantastic partners here and we are united in the vision to change the way people travel in Japan.”

AirAsia Japan will fly from its base at Chubu Centrair International Airport in Aichi prefecture, initially connecting Nagoya to Sapporo and Sendai in Japan, and Taipei in Taiwan. The carrier will operate a fleet of A320 aircraft in all-economy class.

“Centrair Airport is a fantastic base, and with our new routes we look forward not only to enable the Japanese to enjoy our direct destinations but to connect them to the rest of Asia and beyond on our extensive network,” added Fernandes.

AirAsia Japan has been capitalized with approximately ¥7 billion ($69 million) and is owns by AirAsia Investment, with a 49% stake. Octave Japan Infrastructure Fund holds a 19% stake with Japanese retailer, Rakuten, owning 18%. The remaining shares are held by Noevir Holdings with 9% and Alpen with 5%.

Meanwhile, Macquarie AirFinance has announced that Liam Kavanagh will be taking over from Harry Forsythe as its new Executive Vice President, Chief Commercial Officer, effective December 1, 2015.  Harry will be retiring from Macquarie AirFinance and leaving San Francisco to return to his family home in Sydney, Australia. Liam will be based in the London office.

We wish Harry all the best for his retirement and wish Liam every success in his new role.

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By TESTCustomwebLP TESTCustomwebLP October 9, 2015 17:43