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News Summary: AirAsia may break up with Japan ANA

The Associated Press

STORMY SKIES: Southeast Asia's top budget carrier AirAsia may dissolve its partnership with Japan's All Nippon Airways Co. amid clashes over how to run their low-cost joint venture airline.

NO WAY TO RUN AN AIRLINE? ANA owns 51 percent of AirAsia Japan, with the rest held by AirAsia. AirAsia Japan is managed mainly by ANA. It has failed to meet its business targets "due to the inability to manage costs" since its launch in August.

GETTING AROUND: AirAsia Japan flies to five destinations in Japan, as well as to Seoul and Pusan in South Korea.