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The first flight of Peach Aviation, a Japanese low-cost carrier, took off from Kansai International Airport for New Chitose on Thursday morning.

Japan's first full-scale low-cost carrier, Peach Aviation, based at Kansai International Airport, started operations on Thursday. The airline, in which All Nippon Airways has invested, currently operates two routes connecting its base with New Chitose (Sapporo) and Fukuoka. (Mar.2) [More...]

Leaders of 25 EU states signed a new "fiscal compact" accord, designed to prevent the 17 eurozone countries from overspending and causing another debt crisis.[More...]

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