JALPak
Aug 12, 09, 3:09 am
I don't think AA would be too happy about this.
http://www.bloomberg.com/apps/news?pid=20601101&sid=aZ434MeXvasg
Japan Air Urged to Expand Code-Share Pacts, Aviation Chief Says
By Chris Cooper and Kiyotaka Matsuda
Aug. 12 (Bloomberg) -- Japan Airlines Corp., Asia’s most indebted carrier, should expand code-sharing agreements with other airlines to boost passenger traffic without the cost of operating new routes, according to Japan’s civil aviation chief.
The carrier, which aims to cut 195 billion yen ($2 billion) in the year ending March, would benefit from code sharing with Delta Air Lines Inc., the world’s largest carrier. Delta’s Northwest Airlines Corp. is the biggest overseas carrier at Narita airport, Japan’s largest international airfield.
“By joining with Delta and Northwest they could expand their network,” Ryuhei Maeda, director-general of Japan’s Civil Aviation Bureau, said in an interview in Tokyo yesterday.
Japan Air, which started reporting details of its business to the transport ministry after receiving a 60 billion yen government loan, needs to reduce costs and boost revenue, Maeda said. Transport Minister Kazuyoshi Kaneko said June 19 the airline needs to speed completion of its cost-cutting plans after winning financing from the state-owned Development Bank of Japan.
The Tokyo-based carrier, which already code-shares with AMR Corp.’s American Airlines, is cutting international routes as a global recession led to the biggest drop in passengers since SARS in 2003.
Japan Air President Haruka Nishimatsu has declared “nothing off limits” for cost-cutting as the carrier posted a first-quarter loss of 99 billion yen.
JAL, as Japan Air is also known, joined the Oneworld code- sharing alliance, which includes American Air, two years ago. Delta is a member of the SkyTeam partnership.
“They don’t need to cut their tie-up with American Air,” Maeda said, adding an agreement with Delta would specifically help expand its U.S. network.
Sze Hunn Yap, a JAL spokeswoman, declined to comment on code-share discussions.
Under code-share agreements, airlines can sell each other’s tickets under their own name, allowing them to increase sales without having to bear the cost of operating a plane on the route.
http://www.bloomberg.com/apps/news?pid=20601101&sid=aZ434MeXvasg
Japan Air Urged to Expand Code-Share Pacts, Aviation Chief Says
By Chris Cooper and Kiyotaka Matsuda
Aug. 12 (Bloomberg) -- Japan Airlines Corp., Asia’s most indebted carrier, should expand code-sharing agreements with other airlines to boost passenger traffic without the cost of operating new routes, according to Japan’s civil aviation chief.
The carrier, which aims to cut 195 billion yen ($2 billion) in the year ending March, would benefit from code sharing with Delta Air Lines Inc., the world’s largest carrier. Delta’s Northwest Airlines Corp. is the biggest overseas carrier at Narita airport, Japan’s largest international airfield.
“By joining with Delta and Northwest they could expand their network,” Ryuhei Maeda, director-general of Japan’s Civil Aviation Bureau, said in an interview in Tokyo yesterday.
Japan Air, which started reporting details of its business to the transport ministry after receiving a 60 billion yen government loan, needs to reduce costs and boost revenue, Maeda said. Transport Minister Kazuyoshi Kaneko said June 19 the airline needs to speed completion of its cost-cutting plans after winning financing from the state-owned Development Bank of Japan.
The Tokyo-based carrier, which already code-shares with AMR Corp.’s American Airlines, is cutting international routes as a global recession led to the biggest drop in passengers since SARS in 2003.
Japan Air President Haruka Nishimatsu has declared “nothing off limits” for cost-cutting as the carrier posted a first-quarter loss of 99 billion yen.
JAL, as Japan Air is also known, joined the Oneworld code- sharing alliance, which includes American Air, two years ago. Delta is a member of the SkyTeam partnership.
“They don’t need to cut their tie-up with American Air,” Maeda said, adding an agreement with Delta would specifically help expand its U.S. network.
Sze Hunn Yap, a JAL spokeswoman, declined to comment on code-share discussions.
Under code-share agreements, airlines can sell each other’s tickets under their own name, allowing them to increase sales without having to bear the cost of operating a plane on the route.