Tag Archives: ANA Holdings

ANA Holdings acquires a 9.5% state in PAL Holdings

Philippines (Philippine Airlines) Boeing 777-3F6 ER RP-C7773 (msn 38718) LAX (Michael B. Ing). Image: 945498.

ANA Holdings has made this announcement:

ANA Holdings, Inc., parent of All Nippon Airways (ANA), will invest $95 million US dollars in PAL Holdings Inc. and acquire 9.5% of PAL Holding’s outstanding shares. PAL Holdings is the parent of Philippine Airlines Inc. (PAL), the Philippine flag carrier and the largest airline in the Philippines.

ANA HD will acquire the shares from Trustmark Holdings Corporation, which is owned by the Lucio Tan family and is the largest shareholder of PAL Holdings.

In line with the Mid-Term Corporate Strategy for FY2018-2022, the ANA Group is expanding its international group network, which is considered its main growth pillar, and strengthening its partnerships with foreign airlines to provide further convenience to its passengers.

This purchase underscores ANA HD’s belief in the dynamism of the Asian region and the great potential of the Philippines’ multi-awarded flag carrier and its confidence that the Philippine air travel market will continue to serve as an economic leader for the ASEAN region.

Additionally, the investment by ANA HD heralds the dawn of a new era of growth for PAL, which has embarked on a full-scale expansion program that has seen its fleet and network grow to almost 100 aircraft and 80 destinations in four continents. This campaign has coincided with an emphasis on product transformation that saw PAL recognized recently as the World’s Most Improved Airline for 2019.

ANA operates 14 flights weekly on 2 routes to the Philippines and Philippine Airlines currently operates 84 flights weekly on 9 routes to Japan. The two carriers have codeshare operations on Japan – Philippine routes and domestic routes within Japan and the Philippines, linking a total of 16 Japanese and 11 Philippine destinations.

Completion of the investment is subject to certain closing conditions.

Top Copyright Photo (all others by PAL): Philippines (Philippine Airlines) Boeing 777-3F6 ER RP-C7773 (msn 38718) LAX (Michael B. Ing). Image: 945498.

Philippines aircraft slide show:

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ANA Holdings to order 48 Airbus and Boeing narrow body aircraft for ANA and Peach

ANA Holdings voted today at its board meeting to place an order for a total of 48 aircraft, which include 30 Boeing 737 MAX 8 and 18 Airbus A320neo. Deliveries are scheduled from FY2021 to FY2025.

The decision was based on the economic growth of Asia and emerging countries, with demand in the Asian aviation market and inbound demand on the rise. ANA HD and Peach Aviation Limited each selected its own optimum aircraft to fit its strategy to further grow. The specific markets that will be served by the new order have not been finalized.

Boeing 737 MAX 8, a first for a Japanese airline, is more spacious compared to the current aircraft and creates a comfortable atmosphere. The aircraft is also fuel efficient and is expected to improve the efficiency by approximately 15%. Given the plane’s benefits to the domestic market, it will succeed the current Boeing 737 NG series. ANA HD decided to place 30 aircraft on order, including 10 optional.

The Airbus A320neo, which currently serves ANA international routes, was chosen for its excellent fuel efficiency and cruising performance to support Peach’s current strategy, and an order for 18 aircraft will be placed.

ANA Group will maintain safety, which is the foundation of ANA Group’s business, enhance customer-oriented quality and service, and proactively invest to aircraft to steadily implement growth strategy.

It is official: Skymark Airlines turns to ANA, Japan returns to a duopoly

Skymark Airlines (Tokyo-Haneda) today (April 22) made it official. According to our partner ZipanguFlyer, the airline, Integral Corporation and ANA Holdings held a press conference today to announce the deal. As a result, Skymark Airlines will cease to be an independent carrier and  Japan will basically return to a two-airline group nation.

Read the full story from ZipanguFlyer: CLICK HERE

Skymark logo-1

ANA Holdings issued this statement:

ANA Holdings logo

Skymark Inc. (Skymark), Integral Corporation (Integral) and ANA Holdings Inc. (ANAHD) have today agreed upon and executed a memorandum of understanding (the “Memorandum”) stating that Integral and ANAHD will jointly support Skymark which is currently undergoing civil rehabilitation proceedings.

1. Background for the Execution of the Memorandum

Since the commencement order of the civil rehabilitation proceedings was announced on February 4, 2015, Skymark has signed a basic rehabilitation support agreement with Integral on February 5, 2015 and is working to quickly revitalize its business with Integral‟s support.

On February 12, 2015, Skymark appointed GCA Savvian Corporation as its financial adviser to broadly solicit and select sponsors who would be willing to support Skymark in its attempt to maintain and develop the value of Skymark‟s business. Following this selection process, Skymark has decided to appoint ANAHD to be the joint sponsor with Integral and has executed the Memorandum with Integral and ANAHD. ANAHD has experience with the rehabilitation of other Japanese airlines and has offered a wide range of support in sales, supplies and maintenance services to improve the value of Skymark‟s business.

ANAHD is the holding company of All Nippon Airways, ANA Wings, Air Japan Company Limited (full service carrier) Vanilla Air Inc. (a provider of low-cost carrier operations), ANA Sales Co., Ltd. (a travel business provider), All Nippon Airways Trading Company Limited (a trading business provider) and several other companies. ANAHD, whose mission statement is “Built on a foundation of security and trust, the „wings within ourselves‟ help to fulfill the hopes and dreams of an interconnected world,” is Japan‟s largest airline group, and has played a major role in Japan‟s air transportation services for over 60 years.

Beginning today, Skymark, Integral and ANAHD will, under the supervision of the Tokyo District Court and court appointed supervisor, hold detailed negotiations on the basis of the Memorandum and will execute sponsorship agreements and formulate a proposed rehabilitation plan (the “Proposed Rehabilitation Plan”) as part of the civil rehabilitation proceeding.

2. Main Points of the Memorandum

The Memorandum stipulates the basic conditions of the joint sponsorship by Integral and ANAHD of Skymark in order to achieve the revitalization of its business as an independent corporation, with shares issued by Skymark to be re-listed on the stock market as soon as possible.

The overview of the Memorandum is as follows;

(1) Capital Contribution and Payment of Debts

It will be stipulated in the Proposed Rehabilitation Plan that Skymark will perform a 100% capital reduction. After a confirmation order for the Proposed Rehabilitation Plan becomes final and binding, Skymark will perform a capital increase through the allocation of new shares. Integral, ANAHD and other entities will subscribe to these shares and become new shareholders.

The total amount of planned investment is 18 billion JPY, which will be used for the payment of debts (comprising common benefit claims, preferred claims and rehabilitation claims) outstanding at the time the confirmation order of the Proposed Rehabilitation Plan becomes final and binding.

The ratio of capital contributions and voting rights shall be apportioned such that Integral will hold 50.1%, ANAHD will hold a maximum of 19.9%, with other entities holding the remainder. Integral and ANAHD will mutually discuss the capital contribution by other entities and decide on such capital contribution by the time of submission of the Proposed Rehabilitation Plan.

In addition, Skymark is planning to execute commitment lines with financial institutions with the support of Integral and ANAHD to ensure that Skymark has the necessary working capital for its business operations.

  1. (2)  Board of Directors
    After the confirmation order of the Proposed Rehabilitation Plan becomes final and binding, the number of directors to the Board of Skymark will be 6. Of these, 3 will be appointed by Integral, 1 will be appointed by ANAHD and the remaining 2 will be decided after discussions between Integral, ANAHD and other contributors. It is contemplated that one of the directors appointed by Integral will be the Chairman and one of the directors appointed by ANAHD or other shareholders will be the President.
  2. (3)  Employment of Employees
    The employment of Skymark‟s employees will, as a general principle, be maintained.
  3. (4)  Re-Listing on the Stock Exchange
    Integral and ANAHD have agreed to make their best efforts and mutually cooperate to work to the common goal of improving the value of Skymark‟s business and to re-list the shares issued by Skymark on the stock market within 5 years of their investment

Top Copyright Photo: Michael B. Ing/AirlinersGallery.com. Boeing 737-8Q8 JA737T (msn 35290) completes its final approach to the runway at Tokyo (Narita).

Skymark Airlines aircraft slide show: AG Airline Slide Show

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ANA firms up its order for seven additional Airbus A321s

ANA A321neo (82)(Flt)(Airbus)(LRW)

ANA Holdings (ANA-All Nippon Airways) (Tokyo) has firmed up an order for seven more A321 aircraft (four A321ceo with Sharklets and three A321neo), following the previous announcement in January this year. This firm order brings ANA’s total order for the A320 Family to 37 aircraft (26 A321neo, four A321ceo with Sharklet, and seven A320neo).

ANA Group will be the first Japanese carrier to operate three variants of the A320 Family, the A321neo, the A321ceo and the A320neo. With an optimised use of cabin space called ‘Cabin-Flex’, the A321neo will typically seat up to 240 passengers while maintaining Airbus’ standard comfort standard of at least 18 inch wide seats. The A321ceo will seat up to 220, and the A320neo up to 180 people.

Image: Airbus.

ANA aircraft slide show: AG Airline Slide Show

 

ANA orders seven additional Airbus A321s

ANA A321neo (82)(Flt)(Airbus)(LRW)

ANA Holdings (ANA-All Nippon Airways) (Tokyo) has ordered seven more Airbus A321 aircraft (four A321ceo with Sharklets and three A321neo) (above), in addition to the firm order for 30 A320neo Family (seven A320neo and 23 A321neo) placed in July 2014.

The latest agreement brings ANA’s total order for the A320 Family to 37 aircraft which will gradually replace its existing single aisle fleet. ANA will be the first Japanese operator of both Sharklet-equipped A321ceo and A321neo.

ANA became an Airbus customer in 1987, when it ordered ten A320s. In 1995 ANA also selected the larger A321, with a total of seven orders.

Image: Airbus.

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ANA firms up an order for 7 Airbus A320neo and 23 A321neo aircraft

ANA A321neo (82)(Flt)(Airbus)(LRW)

ANA Holdings (All Nippon Airways-ANA) (Tokyo) has firmed up an order for 30 A320neo Family aircraft (seven A320neo and 23 A321neo). The initial agreement was announced in March 2014. The aircraft will be part of ANA Holdings fleet development and modernisation strategy to replace its existing single-aisle fleet in the coming years.

Deliveries will start from 2016.

Japanese Aero Engines Corporation (JAEC) is a 23% collaboration partner in PW1100G-JM program. JAEC is responsible for development, manufacturing and engineering support of the fan, low-pressure compressor, combustor, and low-pressure shafts. JAEC is a consortium, consisting of three Japanese companies: IHI (65%), Kawasaki Heavy Industries (25%), and Mitsubishi Heavy Industries (10%).

The assembly of Airbus’ first A320neo has been completed following painting of the aircraft and the mounting of PW1100G-JM engines. It will soon start ground tests to prepare for first flight. The flight test campaign for the A320neo will kick-off in Q3 2014, paving the way for Entry Into Service in Q4 2015.

The A320neo – for “new engine option” – incorporates many innovations, including latest generation engines and large Sharklet wing-tip devices, which together deliver 15 percent in fuel savings and a reduction of 3,600 tonnes of C02 per aircraft per year. With a total of more than 3,000 orders received from more than 50 customers since its launch in 2010, the A320neo Family has captured over 60 percent of the market, clearly demonstrating its leadership.

Image: Airbus.

ANA: AG Slide Show

ANA will order 70 Airbus and Boeing aircraft including the new 777-9X

ANA Holdings (ANA-All Nippon Airways) (Tokyo) plans to place an order for 20 new Boeing 777-9X aircraft (below) as well as 14 additional Boeing 787-9 Dreamliners. The Japanese carrier also ordered six additional Boeing 777-300 ER aircraft (above). ANA also ordered 30 additional Airbus A320 (below bottom) and A321neo aircraft.

ANA 777X (82)(Flt)(ANA)(LR)

This order restores the momentum for the new Boeing 777X project as Japan Airlines had previously defected from Boeing to Airbus with an order for 31 Airbus A50s.

ANA Holdings issued this statement:

ANA Holdings is to place firm orders for 70 new aircraft worth ¥1700 billion at list prices with Boeing and Airbus. The order, approved at a meeting today (March 27) of the Board of Directors of ANA HD, is the biggest in the airline’s history and will support ANA’s drive to become one of the world’s leading airline groups.

The aircraft will be delivered during period of FY 2016-2027 and will increase the size of the ANA fleet to 250 aircraft.

ANA HD has decided to purchase twenty Boing 777-9X, a large twin-aisle aircraft with 15% larger seating capacity, as a successor to its existing fleet of Boeing 777-300 ERs. In addition, ANA HD will purchase six further Boeing 777-300 ER aircraft to support the expansion of its international services until delivery of Boeing 777-9X.

ANA HD will also place fourteen additional orders for the medium-sized Boeing 787-9 aircraft. This will take its total fleet of Dreamliners to 80, confirming ANA as the world’s biggest operator of this fuel-efficient airliner.

The order with Airbus consists of 30 smaller single-aisle jets from the A320 family – seven A320neo aircraft and twenty-three A321neo aircraft, which will replace ANA’s existing Boeing 737-500 and Airbus A320ceo aircraft.

The new Boeing aircraft will be used predominantly on international routes while the new Airbus aircraft will be introduced both on domestic routes and international routes.

ANA Group’s introduction of these new aircraft will help it respond to the needs of the increasing number of passengers expected to arrive in Japan in the run-up to the 2020 Tokyo Olympics and will support the Japanese government’s plans to boost the annual total of foreign visitors to Japan to 20 million.

Top Copyright Photo: Michael B. Ing/AirlinersGallery.com. Boeing 777-381 ER JA783A (msn 27940) approaches the runway at Tokyo’s Narita International Airport (NRT).

ANA: AG Slide Show

Bottom Copyright Photo: Michael B. Ing/AirlinersGallery.com. Airbus did not win a new Japanese customer for the new A350 but got a consolation order for more Airbus A320s which will become the predominate domestic aircraft for the ANA Group (over the Boeing 737NG). Airbus A320-211 JA8946 (msn 669) with additional “Inspiration of Japan” markings also arrives at Narita International Airport.