In the merger NXA and CRF will be dissolved and AKX
will survive, with plans to change its name to ANA WINGS Co Ltd at the time of the merger.
AKX says it will enhance the convenience of Osaka-Kochi flight by increasing the frequency of daily flights between the two cities to 15 from 7 at present and keep the flight time unchanged at 40 minutes.
In fact, AKX is studying purchasing six more DHC-8-400 aircraft and putting them into service on local routes with high vacancy rates, such as those between Osaka and Odate-Noshiro (Akita Prefecture), Iwami (Shimane Prefecture) and Saga.
If the shareholders in Aker Exploration ASA (OSL: AKX
) and Det norske approve the proposed merger of the companies, Aker will own 40.5% of the merged entity.
11 September 2009 - The chief executive of Norwegian oil minnow Det norske oljeselskap ASA (OSL: DETNOR), Erik Haugane, told the Offshore.no portal today he does not fear that the country's competition watchdog or the Ministry of Petroleum will stop the merger with Aker Exploration ASA (OSL: AKX
25 August 2009 - Norwegian oil companies Det norske oljeselskap (OSL: DETNOR) and Aker Exploration ASA (OSL: AKX
) said Tuesday they had agreed to merge, forming the second biggest sector player on the Norwegian continental shelf (NCS) in terms of licences and operatorship.
Norwegian firms Aker Exploration ASA (Oslo: AKX
) and Sagex have tabled bids for exploration and production licenses in the Dreki area, northwest of Iceland, the government of Iceland revealed late on Monday (18 May).