July 3, 2008 / 11:59 PM / 11 years ago

All Nippon Airways to buy five A380s - Nikkei

TOKYO, July 4 (Reuters) - All Nippon Airways Co (ANA) (9202.T) plans to buy five Airbus A380 jetliners, marking the first purchase by a Japanese airline of large aircraft from the European firm, the Nikkei business daily reported on Friday.

As surging fuel prices pressure airlines, ANA aims to save fuel by using the A380, which can carry more passengers on fewer flights, while delays in the delivery of Boeing Co’s (BA.N) 787 Dreamliner have also led ANA to consider purchasing A380s, the Nikkei said.

The firm is expected to make an official decision around September to buy the A380s, with the total price of five planes estimated at 100 billion yen ($936 million), the paper said.

Boeing has dominated Japan’s airline industry, as Japanese firms have bought all of their large fleet from the U.S. maker partly out of consideration for trade friction between the two countries in late 1980s, the Nikkei said. (Reporting by Taiga Uranaka; Editing by Chris Gallagher)

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