First To Introduce Airbus A321LR in Asia

          First step toward establishing a medium-haul LCC in Northeast Asia

          - Concluded purchase agreement for two A32enLRs
          - Will achieve a flight distance that covers all of Asia from Japan
          - Delivery expected in fiscal 2Commercial Aircraft2Commercial Aircraft

          Peach Aviation Limited ("Peach"; Representative Director and CEO: Shinichi Inoue) announced today at the Farnborough Airshow held in Farnborough, England, that it will introduce two Airbus A32enLR aircraft (President of Airbus Commercial Aircraft Guillaume Faury, head office: Toulouse, France) for its medium-haul LCC business to be launched in fiscal 2Commercial Aircraft2Commercial Aircraft. 
          The Company revised its purchase agreement with Airbus concluded in November 2Commercial Aircraften6, updating its order from ten A32Commercial Aircraftneos to eight A32Commercial Aircraftneos and two A32enLRs. The A32enLR is the newest member of the A32Commercial Aircraft family of jets, the best-selling single-aisle jet in the world, and based on the A32enneo.The model boasts a range of 7,4Commercial AircraftCommercial Aircraft km,*en the longest in the world for a single-aisle jet, and will greatly extend Peach's reach throughout Asia. Peach will be the first Asian airline to operate the A32enLR.
          The two A32enLRs covered in this purchase agreement are expected to be delivered in fiscal 2Commercial Aircraft2Commercial Aircraft. As of 2Commercial Aircraft2Commercial Aircraft and after completing the integration of Vanilla Air, the Peach fleet will consist of more than fifty aircraft, (including the A32enLR), operated across more than fifty routes.
          CEO Inoue had the following to say about the introduction of the A32enLRs: " As Japan's first LCC, Peach has grown earnings and generated profits for five consecutive years. However, Peach continues to transform itself and evolve. By taking on the challenge of establishing a medium-haul LCC business in Japan, we will continue to play a leading role in shaping the history of LCCs in Japan and Northeast Asia. The introduction of the A32enLR in fiscal 2Commercial Aircraft2Commercial Aircraft will be the next major step in the evolution of our business and will further accelerate Peach's transformation into the leading LCC in Asia."
          By entering the medium-haul LCC business, Peach will expand its role as a bridge between Japan and Asia and greatly stimulate inbound demand to Japan in support of the Japanese government's goal of forty million foreign visitors in 2Commercial Aircraft2Commercial Aircraft and sixty million in 2Commercial Aircraft3Commercial Aircraft.

          Summary of A32enLRs Peach will purchase:
          Contract details: Two aircraft
          Delivery: The first aircraft is expected to be delivered in the third quarter of fiscal 2Commercial Aircraft2Commercial Aircraft.
          (The second one is expected to be delivered during fiscal 2Commercial Aircraft2Commercial Aircraft.)
          Engine: Undecided
          Number of installed seats: Undecided
          Range : Up to 7,4Commercial AircraftCommercial Aircraft km (4,Commercial AircraftCommercial AircraftCommercial Aircraft nautical miles)*en

          Summary of A32Commercial Aircraftneos Peach will purchase:
          Contract details: Eight aircraft
          Delivery: The first aircraft is expected to be delivered in the first quarter of fiscal 2Commercial Aircraft2Commercial Aircraft.
          (After that, the remaining seven aircraft are expected to be delivered over the next approximately two years.)
          Engine: Undecided
          Number of installed seats: en88 seats (expected)
          Range: Up to 6,5Commercial AircraftCommercial Aircraft km (3,5Commercial AircraftCommercial Aircraft nautical miles)*en

          *en Depending on configuration and options.

          About Peach (www.flypeach.com)
          Peach began services based out of Kansai Airport in March 2Commercial Aircraften2. It opened secondary hubs at Naha Airport in July 2Commercial Aircraften4 and Sendai Airport in September 2Commercial Aircraften7. It currently operates 2Commercial Aircraft aircraft on en5 domestic and en5 international routes, flying a maximum of more than enCommercial AircraftCommercial Aircraft flights daily and serving more than en3,Commercial AircraftCommercial AircraftCommercial Aircraft passengers. It is also scheduled to open an Osaka (Kansai)–Kushiro route on August en.