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Budget airline Peach launches in Japan

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Peach Aviation Ltd., backed by All Nippon Airways Co. (9202), began flights in Japan today, becoming the first of three budget carriers to start operations in the country this year. The debut Peach service took off from Osaka's Kansai International Airport at 7:17 a.m. today, headed for Sapporo, the company said in an e-mailed statement. The Osaka-based airline is selling tickets for less than a third of the price offered by full-service carriers ANA and Japan Airlines Co.

The carrier is offering one-way tickets to Sapporo for as little as 4,780 yen ($59) including tax on April 1. JAL and ANA tickets the same day for the almost two-hour trip cost from 16,000 yen. (BusinessWeek)


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