ANA Holdings has acquired the remaining 7% stake in Peach Aviation (MM, Osaka Kansai) from Hong Kong-based First Eastern Aviation Holdings, assuming full control of the low-cost carrier.

“As we anticipate a further increase of inbound tourists, the decision to make Peach a wholly owned subsidiary is designed to build on previous growth, strengthen ANA Group’s business portfolio and increase profits. ANA Holdings will continue to actively develop demand to increase inbound tourists, with the goal of attracting 60 million visitors and encouraging…

Source: ch aviation
Read more: Japan's ANA assumes full ownership of Peach Aviation