MIYAZAKI – The Miyazaki Prefectural Assembly endorsed on Monday a supplementary budget for offering 800 million yen in aid to SkynetAsia Airways, a small airline based in the prefecture.
The aid comes after SkynetAsia obtained approval June 21 from the national government for its plan to use Tokyo’s Haneda airport to begin flights between Tokyo and Miyazaki in August.
SkynetAsia, established in 1997, had asked the prefecture for 1.4 billion yen in aid for the current fiscal year after securing a total of 2.3 trillion yen that consisted of 1.15 billion yen in loans from financial institutions and 1.15 billion yen in equity capital.
The carrier said it needed the 1.4 billion yen from the prefecture for personnel training programs to proceed steadily with its operations.
The prefecture assessed the need at only 800 million yen.
SkynetAsia plans to operate five round-trip flights per day between Haneda and Miyazaki on two 150-seat planes starting Aug. 1 and to increase the number to six flights Sept. 1.
The airline is to offer one-way flights for 21,000 yen, 10,000 yen less than the three-major domestic airlines.
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