ANA Holdings Inc ATI approved ANA-UA Cargo JV on transpacific route (6010J)
08 April 2015 - 7:02PM
UK Regulatory
TIDMANA
RNS Number : 6010J
ANA Holdings Inc
08 April 2015
April 8, 2015
Company Name: ANA HOLDINGS INC.
Representative: Shinya Katanozaka, President & CEO
(Code No: 9202 TSE 1st section)
Inquiries: Yuzo Hara , Director of
General Administration & CSR Promotion
(Tel. 03-6735-1001)
Antitrust Immunity Approved for All Nippon Airways - United
Airlines
Cargo Joint Venture
TOKYO April 08, 2015
All Nippon Airways today has been granted antitrust immunity for
the proposed trans-Pacific cargo joint venture between All Nippon
Airways (ANA) and United Airlines (UA) by MLIT (Japanfs Ministry of
Land, Infrastructure, Transport and Tourism). ANA applied to MLIT
in November 2014 for antitrust immunity enable ANA and UA to create
a more efficient and comprehensive trans-Pacific air cargo business
network.
This antitrust immunity and any additional government approvals,
enables ANA and UA to jointly manage activities covered by the air
cargo joint venture - including network planning, pricing, sales,
and handling - on specified trans-Pacific routes. This cargo joint
venture is the first of its kind between Asia and the Americas, and
would generate substantial service benefits for freight customers
including an expanded network, greater capacity and expedited
transport.
ANA and UA, as members of Star Alliance, and this cargo joint
venture will expand their existing relationships while providing
valuable benefits to the customers.
End of document
Contact:ANA Public Relations, phone: +81-3-6535-1111
About ANA
All Nippon Airways (ANA) is the eighth largest airline in the
world by revenues (2013) and the largest in Japan by passenger
numbers and cargo tonnage (2013). Founded in 1952, ANA flies to 36
international and 50 domestic destinations with a fleet of 240
aircraft that serves a network of 185 routes. The company has
14,000 employees. In 2013, it carried 49 million passengers and
1,187 thousand tons cargo generated revenues of 1,601 billion yen.
ANA has been a core member of Star Alliance since 1999 and for
passenger traffic, has joint-ventures with United Airlines on
trans-Pacific routes and with Lufthansa, Swiss International
Airlines, and Austrian Airlines on Japan-Europe routes. ANA was
voted Airline of the Year for 2013 by Air Transport World, and was
awarded five stars by the world's leading airline and airport
review site, Skytrax for 2013, 2014 and 2015. ANA is the launch
customer and biggest operator of the Boeing 787 Dreamliner. ANA
recently started a new cargo business unit, ANA Cargo, which is
covering sales, marketing and operations to see further business
expansion with its current ten B767 freighter aircrafts and Okinawa
cargo hub.
About United
United Airlines and United Express operate an average of 5,055
flights a day to 373 airports across six continents. In 2014,
United and United Express operated nearly two million flights
carrying 138 million customers. United is proud to have the worldfs
most comprehensive route network, including U.S. mainland hubs in
Chicago, Denver, Houston, Los Angeles, New York/Newark, San
Francisco and Washington, D.C. United operates nearly 700 mainline
aircraft, and this year, the airline anticipates taking delivery of
34 new Boeing aircraft, including the 787-9 and the 737-900ER.
United is also welcoming 49 new Embraer E175 aircraft to United
Express. The airline is a founding member of Star Alliance, which
provides service to 193 countries via 27 member airlines. More than
84,000 United employees reside in every U.S. state and in countries
around the world. For more information, visit united.com, follow
@United on Twitter or connect on Facebook. The common stock of
Unitedfs parent, United Continental Holdings, Inc., is traded on
the NYSE under the symbol UAL.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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