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Peach is a Japanese budget airline. Its head office is at Kansai International Airport and in Tajiri, Osaka Prefecture. Peach was formed in February 2011 as A&F Aviation, a joint venture between All Nippon Airways (ANA) and the First Eastern Investment Group, a Hong Kong-based private equity and venture capital firm. The company applied for an operating certificate in April 2011 and changed its name to Peach Aviation in May 2011.