ANA establishes AIR NEXT, a small-size fleet operator

ANA establishes AIR NEXT, a small-size fleet operator
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Based on the ANA Group 2004-2006 Mid-Term Corporate Strategy, the ANA Group established AIR NEXT, a low-cost fleet operator. This new carrier will operate domestic flights for ANA with a fleet of B737-500s based at Fukuoka Airport.

1. Company name : AIR NEXT Co., Ltd.
2. President & CEO: YO****AKE, Ikuo
3. Paid-in capital: ¥50 million
4. Shareholder: 100% Air Nippon Co., Ltd. (ANA’s nearly 100% owned subsidiary)
5. Headquarters: Tokyo, Japan
6. Date of establishment:August 20,2004
7. Business plan

(1) Start of service: June, 2005
(2) Aircraft: B737-500 leased from ANA (2 aircraft in operation by the end of March 2006, another 5 aircraft will be added by the end of March 2008)
(3) Network: Serving Fukuoka- or Okinawa-based domestic routes currently operated by the ANA Group
(4) Employees: Initially a staff of 40

http://www.ana.co.jp