Low-cost carrier Peach Aviation receives first aircraft

Low-cost Japanese carrier, Peach Aviation, has taken delivery of its first aircraft, a new Airbus 320 acquired on lease from GE Capital Aviation Services (GECAS). The delivery was made earlier this month.

Peach Air will lease nine more A320s from GECAS.

Peach Aviation's A320s, powered by CFM International CFM56-5BP engines, will seat 180 passengers in a single-class layout.

''With a complete new fleet of A320s, we aim at establishing a new low-cost business model in Japan,'' said Peach Aviation president, Shinichi Inoue, during the delivery ceremony at Airbus' Toulouse plant. ''The world's standard single-aisle aircraft will enable us to offer attractive airfares in the competitive Japanese market.''

Peach Aviation was established by All Nippon Airways (ANA), First Eastern Investment Group (First Eastern) in Hong Kong and Innovation Network Corporation of Japan.

All Nippon Airways is the launch customer for the Boeing 787 and now has at least two in service.