AirAsia returns to Japan with new airline partners

AirAsia Bhd said on Tuesday it would set up a low-cost airline with Japan's biggest online retailer Rakuten Inc. and other firms, marking the budget carrier's second attempt to tap one of Asia's lucrative air travel markets. The new carrier, AirAsia Japan, will have an initial capitalisation of 7 billion yen ($ 69 million) and will start flying in about a year with a fleet of five Airbus A320 …
ASIA travel – Yahoo News Search Results

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