Vanilla Air Ends Operations
Narita, Chiba Pref., Oct. 26 (Jiji Press)--Budget airline Vanilla Air ended its operations on Saturday, the day before its business integration with peer Peach Aviation, which will create the largest low-cost carrier in Japan in terms of sales.
"We've come this far thanks to support by our customers," Shinichi Inoue, president of Vanilla Air and Peach, told reporters at Narita International Airport near Tokyo.
The business consolidation of the two airlines under the wing of ANA Holdings Inc. <9202> will create a company with combined sales of 93.6 billion yen in the year to March 2019. The combined figure exceeds sales of 60.5 billion yen in the year posted by the current industry leader, Jetstar Japan, linked to ANA rival Japan Airlines <9201>.
Peach is based at Kansai International Airport in Osaka Prefecture, western Japan, and Vanilla at Narita airport.
The new company will use the Peach brand.
[Copyright The Jiji Press, Ltd.]