Japan Airlines and International Airlines
Group's (IAG) joint business has been granted anti-trust immunity
from the Japanese Ministry of Land, Infrastructure, Transport and
Tourism (MLIT).
The agreement will allow JAL and British Airways
to cooperate commercially on flights between the EU and Japan.
The joint business is expected to be launched by
late March 2013. It will benefit customers by providing better
links between the EU and Japan, more choice, enhanced frequent
flyer benefits and the potential to launch new routes.
On Friday, the MLIT formally approved the
application submitted by JAL in February, seeking anti-trust
immunity to co-operate on flights between the EU and Japan with
British Airways.
The revenue-sharing agreement will strengthen
the oneworld alliance and enable it to compete more effectively
around the world with other global alliances.
President of JAL, Yoshiharu Ueki, said "We would
like to thank the Ministry for approving our application for ATI
with IAG. Amid the evolving Japanese aviation industry, the ATI
will enable us to build a strong value-creating relationship with
British Airways that can benefit our customers as well as our
businesses."
IAG chief executive Willie Walsh added, "We are
delighted the Japanese authority has given regulatory approval for
the joint business which will bring great benefits to consumers.
British Airways has been flying to Japan for more than 60 years
and this new agreement will strengthen our ties to the world's
third largest economy and further enhance our relationship with
JAL."
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