ANA Considers Ending AirAsia Tieup on Japan Discount Carrier
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ANA Holdings Inc., which owns a majority stake in a Japanese discount carrier set up in partnership with AirAsia Bhd., said it is considering dissolving the tie-up as it aims to improve sales at the unit.
Ending the partnership in the venture, AirAsia Japan Co., is one option and no final decision has been made, Megumi Tezuka, a spokeswoman for Tokyo-based ANA, said by phone today. AirAsia Group chief Executive Officer Tony Fernandes said by e-mail that he would comment “in due course.”