Anti-trust venture links EU, Japan

Japan Airlines (JAL) and British Airways will be able to provide greater links, establish new routes and offer customers more choice when flying between the EU and Japan after signing a new anti-trust agreement.

The Japanese Ministry of Land, Infrastructure, Transport and Tourism (MLIT) approved the anti-trust immunity agreement between JAL and International Airline’s Group (IAG) earlier this week and is expected to take effect from March 2013.

The revenue-sharing business venture will strengthen ties and improve customer services and create greater business opportunities, according JAL president Yoshiharu Ueki.

“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,” he said.

IAG chief executive Willie Walsh said he was confident about the advantages of the new agreement.

“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.”

The accord will also aid the oneworld alliance in competing on a larger global scale.

Source = e-Travel Blackboard: P.T
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