First to Introduce Airbus A321LR in Asia First step toward establishing a medium-haul LCC in Northeast Asia

Travel and Lifestyle Press Releases Wednesday July 18, 2018 15:34
Bangkok--18 Jul--Vector Group

Peach Aviation Limited ("Peach"; Representative Director and CEO: Shinichi Inoue) announced today at the Farnborough Airshow held in Farnborough, England, that it will introduce two Airbus A321LR aircraft (President of Airbus Commercial Aircraft Guillaume Faury, head office: Toulouse, France) for its medium-haul LCC business to be launched in fiscal 2020.

The Company revised its purchase agreement with Airbus concluded in November 2016, updating its order from ten A320neos to eight A320neos and two A321LRs. The A321LR is the newest member of the A320 family of jets, the best-selling single-aisle jet in the world, and based on the A321neo.The model boasts a range of 7,400 km,*1 the longest in the world for a single-aisle jet, and will greatly extend Peach's reach throughout Asia. Peach will be the first Asian airline to operate the A321LR.

The two A321LRs covered in this purchase agreement are expected to be delivered in fiscal 2020. As of 2020 and after completing the integration of Vanilla Air, the Peach fleet will consist of more than fifty aircraft, (including the A321LR), operated across more than fifty routes.

CEO Inoue had the following to say about the introduction of the A321LRs: " As Japan's first LCC, Peach has grown earnings and generated profits for five consecutive years. However, Peach continues to transform itself and evolve. By taking on the challenge of establishing a medium-haul LCC business in Japan, we will continue to play a leading role in shaping the history of LCCs in Japan and Northeast Asia. The introduction of the A321LR in fiscal 2020 will be the next major step in the evolution of our business and will further accelerate Peach's transformation into the leading LCC in Asia."

By entering the medium-haul LCC business, Peach will expand its role as a bridge between Japan and Asia and greatly stimulate inbound demand to Japan in support of the Japanese government's goal of forty million foreign visitors in 2020 and sixty million in 2030.


Latest Press Release

Oasis Spa Opens Its Newest Phuket Branch Oasis Tropical Retreat Spa Inside Laguna

Oasis Spa's newest branch lies within the park-like Laguna Resort near Bangtao beach, Phuket. Nestled among white beaches and tranquil lagoons, the Oasis Tropical Retreat Spa is an elegant sanctuary for relaxation and restoration. Its spacious treatment...

Photo Release: THAI Welcomes Assembly Members from the Federation of Ishikawa and Fukui Prefectures, Japan

Mr. Korakot Chatasingha (fourth from left), THAI Director of Thailand Regional Sales, recently welcomed assembly members from the Federation of Ishikawa and Fukui Prefectures, Japan, who made a courtesy visit to the head office of Thai Airways...

King Power Mahanakhon Unveils New World Class Tourist Destination #Mahanakhon SkyWalk

King Power Mahanakhon unveils Mahanakhon SkyWalk – Thailand's highest 360-degree observation deck and rooftop bar at 314 meters high, offering spectacular panoramic views of the city from Thailand's tallest building. The new premium attraction...

Loy Krathong Celebration at Sheraton Hua Hin Pranburi Villas

This renowned festival is celebrated annually throughout Thailand, and is held on the full moon night in November. Among Thai people there is a belief to worship the Goddess of water and ask for forgiveness for polluting waterways. Sheraton Hua Hin...

Thailand leads Asia in international visitors spending, UNWTO report

International visitors spent more money in Thailand than in any other Asian country in 2017, according to a UN World Tourism Organisation (UNWTO) report. The report said that Thailand recorded a total tourism expenditure of USD57 billion in 2017, ahead...

Related Topics