News Contact Us

All Nippon Airways and Singapore Airlines to form new joint venture

Author : Saipriya Iyer | Published Date : 2020-01-23 

Singapore Airlines, the flag carrier airline of Singapore, and All Nippon Airways, Japan’s largest airline in terms of passengers and revenue, are likely to form a new joint venture this month.

The proposal, if approved by relevant authorities from both parties, would pave the way for ANA and SIA to pool and share each other’s resources over routes and also talk and coordinate networks, flight capacity, schedules, inventory, and fare pricing.

This would be ANA’s (All Nippon Airways’) third collaboration, after its previous joint ventures with Lufthansa (to Germany) and United (to the US). Meanwhile, Singapore Airlines also has a JV with Lufthansa (to Germany).

The scope of this proposed JV (joint venture) revolves around flights between Japan and Indonesia, Singapore, Australia, India, and Malaysia.

According to reliable reports, the new collaboration, which would go beyond both carriers’ present code-sharing contract to coordinate fares and schedules, is anticipated to begin around 2021, after the airlines gain the necessary antitrust exemptions.

Singapore Airlines stated that ANA and SIA are members of Star Alliance. Both airlines have enjoyed cooperating over codeshares as well as in other related fields that have brought new benefits to the customers of both companies. As the company does with all other airline members, it has regular discussions regarding the expansion of its cooperation to offer more opportunities and value to customers.

ANA also recently announced a novel codeshare collaboration with Virgin Australia. This partnership would see both airlines adopt codeshare flights between Australia and Japan and establish reciprocal frequent flyer advantages for their members.

If the joint venture is approved, SIA and ANA would be the latest Southeast Asian and Japanese airlines to collaborate, the recent Malaysia Airlines and Japan Airlines joint venture, which geographically is the same, being the other.

Source credit: https://www.businesstraveller.com/business-travel/2020/01/21/singapore-airlines-and-all-nippon-airways-could-enter-joint-venture-this-month-report/

About Author

Saipriya Iyer

Saipriya Iyer

Saipriya Iyer presently works as a content developer for fractovia.org. Having dabbled with the domain of content creation for nearly half a decade, she now boasts of an enviable portfolio, holding substantial experience in penning down pieces related to technology, finance, and a wide spectrum of other industry verticals. A qualified computer engineering graduate from the University of Pune, Saipriya can often be found leveraging her knowledge of software technology and electronics in her write-ups. She can be contacted at- [email protected] | https://twitter.com/saipriya_i

Related News

CURE Pharma inks cannabis licensing agreement with Vanguard Scientific

Published Date: 2020-02-14         Author: Saipriya Iyer

Cure Pharmaceutical, a pharma firm involved in the delivery and development of drugs, recently announced it has inked an agreement for collaboration and licensing with Vanguard Scientific Systems, Inc. Vanguard is a leading equipment, performance solutions, and systems provider to the botanical e... Read More

JPM in merger talks with ConsenSys for its Quorum blockchain unit

Published Date: 2020-02-13         Author: Saipriya Iyer

JPMorgan Chase & Co. is recently in talks to form a major merger between its blockchain Quorum unit and ConsenSys. The merger aligns with the Ethereum-focused firm, ConsenSys’s shift towards the software division. The deal reportedly wouldn’t have any impact on the IIN and JPM’... Read More

Google and EU to battle in court over 2.4B euros antitrust fine

Published Date: 2020-02-12         Author: Saipriya Iyer

Google and the European Union are reportedly set to engage in a court battle over a €2.4 billion fine at the General Court in Luxembourg. The fine was imposed by the EU’s antitrust office on Google for allegedly promoting its services at smaller rivals’ expense and making faulty pra... Read More

© 2020 Fractovia. All Rights Reserved