ANA Holdings to Fully Acquire Parent of Two Midsize Airlines
11 Articles
11 Articles
(Seoul = Yonhap News) Reporter Kim Byung-kyu = Japan's major airline All Nippon Airways (ANA) is acquiring mid-sized airlines Solaseed Air and Air Do, according to the Nihon Keizai Shimbun...
ANA Holdings (HD) has reached a basic agreement to make Regional Plus Wings (RPW) a wholly owned subsidiary. Its subsidiaries, Air Do and Solaseed Air, are facing a difficult position caught between major airlines and low-cost carriers (LCCs)…
ANA Holdings, a parent company of ANA All Nippon Airways, intends to take over the regional airlines Airdo and Solaseed Air completely. As the Group announced, it has signed a largely non-binding declaration of intent with its joint holding Regional Plus Wings. The share exchange is planned for April 1, 2027.
ANA Holdings signs MOU to acquire Air Do and Solaseed parent
ANA Holdings has signed a memorandum of understanding with Regional Plus Wings Corp., the parent company of Air Do (HD, Sapporo Chitose) and Solaseed Air (6J, Miyazaki), to make it a wholly owned subsidiary through a share exchange, the acquiring entity said in a press release. The Japanese group aims to sign a definitive agreement in late December 2026, followed by a shareholder vote at Regional Plus Wings in February 2027. The transaction is s…
ANA Holdings announced on the 29th that it has signed a basic agreement with the parent companies of two mid-sized airlines, AIRDO and Solaseed Air, to make them wholly owned subsidiaries. This move aims to improve operational efficiency amidst declining profitability in domestic flights across the industry. In the future, the two companies…
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