Japan’s ANA Inks Joint Venture Deal with Singapore Airlines

New agreement between the Star Alliance carriers will boost the Singapore and Tokyo air hubs through increased passenger traffic.

0
110
Singapore Airlines ANA
Photo from Singapore Airlines.

All Nippon Airways (ANA), Japan’s largest and five-star airline for consecutive years, and Singapore Airlines (SIA), the world’s most awarded airline, signed a joint venture framework agreement that would deepen the partnership between the two Star Alliance carriers.

The joint venture, which is subject to regulatory approvals, aims to provide customers with more seamless flight connectivity between the two carriers and access to a wider network, the two companies said in a joint release.

“It would allow ANA and SIA to further strengthen their cooperation on services between Singapore and Japan, as well as in key markets including Australia, India, Indonesia, and Malaysia,” according to the statement.

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-us between frequent flyer programs, and aligned corporate programs to strengthen their proposition to corporate clients.

The JV 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.

Also Read: Singapore Startup igloohome Raises $15M, Launches iglooworks

“The joint venture will help ANA and Singapore Airlines build upon their reputation for superior service, further differentiating both airlines from the competition,” said Yuji Hirako, President and CEO of ANA.

Singapore Airlines CEO Goh Choon Phong said the proposed JV underscores the company’s commitment to the important Japanese market and its valued partner ANA.

“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,” Goh said.

If the agreement is approved, Singapore Airlines will become just the third airline JV partner for ANA and the first Asian Airline. Singapore Airlines has joint ventures with Air New Zealand, Lufthansa Group, and SAS. – VCNewsAsia.com

LEAVE A REPLY