All Nippon Airways (ANA) has signed a joint
venture framework agreement with Singapore Airlines.
The joint
venture, which is subject to regulatory approvals, would allow the
two Star Alliance members to further strengthen their cooperation
on services between Singapore and Japan, as well as in key markets
including Australia, India, Indonesia, and Malaysia.
Both airline groups would also be able to jointly
offer customers more seamless access to flights in their
respective route networks, a broad range of joint fare products,
tie-ups between frequent flyer programs and aligned corporate
programs to strengthen their proposition to corporate clients.
As such, the joint venture goes beyond the existing
partnership between the two airlines that focuses on codeshare
flights, mileage programs, lounge access, and coordination on
check-in baggage and connecting flights.
Yuji Hirako,
President and CEO of ANA, said, “We have worked closely with Singapore
Airlines for many years and we are excited to take this
partnership one step further. The joint venture will help ANA and
Singapore Airlines build upon their reputation for superior
service, further differentiating both airlines from the
competition.”
If authorised, Singapore Airlines will become just
the third airline joint venture partner for ANA and the first
Asian airline. ANA began joint venture partnerships with United
Airlines in 2011 and Lufthansa Group in 2012.
Today, Singapore
Airlines has joint ventures with Air New Zealand, Lufthansa Group
and SAS. In addition, SIA has also applied to form a joint venture
with Malaysia Airlines Berhad.
“This proposed joint venture underscores our
commitment to the important Japanese market and our valued partner
ANA,” said Goh Choon Phong, CEO of Singapore Airlines. “Through
this partnership, customers would be able to enjoy increased
flight frequencies and travel convenience, and access the strong
connectivity at both the Singapore and Tokyo air hubs, while
enjoying the industry-leading products and services ANA and SIA
are renowned for.”
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