Economy | ANALYSIS
Households to take hit from tax hike
by Tomoko Otake
The consumption tax increase will hit every household in Japan hard, with many people’s financial future hanging on whether their wages rise enough to offset the hike's impact.
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The low-cost carrier currently known as AirAsia Japan, part of the ANA Holdings Inc. group, will suspend service during November and relaunch under a new name in December, sources said. ANA Holdings decided on the suspension to replace aircraft, renew services and fully review ...
>Malaysia-based budget carrier AirAsia might join a new venture in Japan, chief executive Tony Fernandes said Wednesday. His comments came a month after AirAsia agreed to dissolve its joint venture with All Nippon Airways over management differences. AirAsia Japan is expected to close by ...
Malaysia’s AirAsia confirmed Tuesday it is ending its low-cost airline joint venture with All Nippon Airways. AirAsia, Asia’s largest budget airline company, said in a statement both had signed a termination agreement. “The joint venture, created two years ago under the name AirAsia Japan, ...
Japan’s budget airlines have flown into turbulence, with AirAsia’s local carrier in danger of being grounded. But analysts say the popularity of discount flying should keep the fledgling sector in the sky. Earlier this month, Malaysia-based AirAsia warned it might pull the plug on ...
ANA Holdings Inc. says it is considering dissolving its tieup with AirAsia as it aims to improve sales of the domestic-based low-cost carrier AirAsia Japan.
AirAsia Japan Co., one of the three Japanese low-cost carriers that started last year, is adding more overseas flights to increase foreign currency revenue to offset a rise in fuel and lease costs caused by a weaker yen. “We’re trying to balance the increase ...
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