ANA confirms plans to acquire two domestic carriers

All Nippon Airways (ANA) has announced its intention to increase its stake in RegionalPlus Wings, a domestic airline group. This move involves entering into a memorandum of understanding with RegionalPlus Wings for an increased shareholding. The ultimate goal is to transform Regionalplus Wings into a wholly-owned subsidiary of ANA Holdings. This announcement was made public on October 29th following prior media reports regarding ANA’s interest. The acquisition comes as ANA navigates a difficult domestic operating environment within Japan.