Original news was published on 03 February 2020
All Nippon Airways (ANA) and Singapore Airlines (SIA) signed a joint venture framework agreement that would deepen the partnership between the two Star Alliance carriers.
The joint venture 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.
The agreement would provide customers from both the airlines 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.
"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."
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.
If authorized, Singapore Airlines will become just the third airline joint venture partner for ANA and the first Asian airline.
*NEWS SOURCE
