Rakuten-AirAsia budget airline to take off next year

TOKYO – 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 start flying in about a year with a fleet of five aircraft, the carrier's CEO Yoshinori Odagiri told reporters. The airline will …
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