REG - ANA Holdings Inc - ATI requested for UA-ANA Joint Cargo Venture <Origin Href="QuoteRef">9202.T</Origin>
RNS Number : 6610XANA Holdings Inc21 November 2014November 21, 2014
Company Name: ANA HOLDINGS INC.
Representative: Shinichiro Ito, President & CEO
(Code No: 9202 TSE 1st section)
Inquiries: Kazuyuki Imanishi, Director of
General Administration & CSR Promotion
(Tel. 03-6735-1001)
Antitrust ImmunityRequested for United-All Nippon Airways Joint Cargo Venture
All Nippon Airways (ANA) today filed an application with the MLIT (Japanfs Ministry of Land, Infrastructure, Transport and Tourism) for antitrust immunity to enable ANA and United Airlines to create a more efficient and comprehensive trans-Pacific air cargo business network.
The trans-Pacific cargo joint venture - the first of its kind between the U.S. and Asia -would generate substantial service benefits for freight consumers. It would also enable United and ANA to compete more effectively with other airlines that maintain a significant presence in both markets.
Upon completion of the Japanese and United States regulatory processes, United and ANA will be able to jointly manage trans-Pacific air cargo business activities including scheduling, pricing and sales. This will allow the carriers to offer customers a greater selection of routings and cargo space along with a wider range of service options.
United Airlines and ANA are members of Star Alliance, and this cargo joint venture will expand the relationship they have established on passenger service to the area of cargo service to further increase customersf benefit.
Contact: ANA: Public Relations +81-3-6735-1111
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 242 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 of cargo and generated revenues of 1,601 billion yen(consolidated basis). 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 and 2014. 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.
This information is provided by RNSThe company news service from the London Stock ExchangeENDSTRBBBRTMBITMRI
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