ANA Holdings Establishes Investment Management Company in Singapore
OREANDA-NEWS. ANA Holdings Inc. announces that it has established an investment management company in Singapore to accelerate investment in Asia.
The new company, which starts business today, will mainly manage the investment operations of ANA Holdings. The company will focus on strategic investments in Asia, improving synergies with ANA Group’s airline business and maximizing earnings.
ANA Holdings Inc. is an aviation group with global operations and a total of 57 consolidated subsidiaries and 19 affiliates spanning passenger and cargo operations as well as airline-related business such as catering and IT services. ANA Holdings Inc. commenced its business activity in April 2013 and is the parent company of the full-service carrier ANA and AirAsia Japan. It also owns a 38.6% stake in Peach, the low-cost carrier based in Kansai Airport. ANA Holdings Inc. promotes a multi-brand strategy to leverage the strength of ANA brand and stimulate demand in markets complementary to its full-service airline offering enabling it to expand market share for the Group as a whole and enhance value. ANA Holdings Inc. has 235 aircraft flying to 32 international destinations and 50 domestic cities, carrying more than 43 million passengers each year. It is number one in Asia and eighth in the world, based on revenue. The goal of ANA Holdings Inc. is to be the world's leading airline group for customer satisfaction and value creation.
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