Weaker yen leads AirAsia Japan increase overseas flights

06/6/2013 | Bloomberg

Rising fuel prices and a weaker yen has prompted Japanese low-cost carrier AirAsia Japan to add more overseas flights to boost revenue. The carrier expects to expand its fleet from four to nine planes by next March and will add service to Taiwan on 3 July. "The benefit of adding international flights is that it's a natural way to hedge costs. Japan low-cost carriers are still getting started and so there's still plenty of room for them to expand capacity," said Ryota Himeno, an analyst at Barclays Securities Japan Ltd.

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