Starflyer Listed in TSE
Kitakyushu-based airline Starflyer was listed on the Second Section of the Tokyo Stock Exchange. The company’s stated objectives for the listing are utilize it to procure more aircraft, expand the scale of their operations, and thereby benefit from the economies of scale. With two new low-cost carriers slated to begin operation in Japan next year, Starflyer hopes to survive the growing competition through expanded routes and a greater number of flights.