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ANA to buy three Airbus superjumbos
Wednesday, 31 Dec, 2015
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All Nippon Airways plans to become the first Japanese carrier to fly superjumbo jets, after signing a billion-dollar deal with Airbus for three A380s.
The deal is estimated at $1.23 billion for the three aircraft based on list prices and ANA said it plans to operate the 500-seat double-decker planes on its Hawaii route.
ANA hopes to increase its market share on the route, as it presently lags rival Japan Airlines.
JAL has a 35% market share of the Tokyo-Hawaii route while ANA has about 20%.
Japanese budget carrier Skymark Airlines actually signed with Airbus in 2011 to buy six A380 jets but the plane maker cancelled that order in 2014 over fears of Skymark’s ability to pay.
ANA has since invested a major sum to rehabilitate the now bankrupt Skymark, and its deal with Airbus will likely help smooth over a fractured Airbus-Skymark relationship.
Airbus is one of Skymark’s major creditors and its refusal to write off penalty fees for the cancelled order was one of the main factors in its descent into bankruptcy.
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Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
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