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ANA and Japan Post Announce New Airline
– ANA & JP Express
launches February; first flights August –
– New partners Nippon
Express and Mitsui O.S.K. Lines announce participation – |
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| TOKYO January 30, 2006 - ANA and Japan Post today announced that their
new joint venture cargo airline - which is to be named ANA & JP Express, or
AJV – will be established in February this year, with flights planned to
commence in August this year. |
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| The airline will initially be 100% wholly-owned by ANA, with Japan Post planning
to take its stake from April, subject to approval by the Japanese government.
Also joining the partnership at that time will be Nippon Express, Japan’s
largest global logistics enterprise, and Mitsui O.S.K. Lines (MOL), a shipping
company offering a full range of shipping services. Following their investments
in April ANA is expected to become the majority shareholder with a 51.7% interest,
Japan Post holding 33.3%, Nippon Express 10% and MOL 5%. |
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| Nippon Express is expected to lend its expertise in international logistics
to contribute to the marketing planning of the new airline, as well as feeding
cargo to the new airline. MOL’s interest is expected to lie in future co-operation
with the new airline in the international logistics field in general. |
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| ANA & JP Express will be headed by Mr Kenkichi Honbo, at present ANA Senior
Vice President Cargo Marketing and Services. |
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| “This is a great step forward for ANA as we move to truly establish
cargo as the third pillar of our business,” said ANA President and CEO,
Mineo Yamamoto, speaking on behalf of all four parties. “We are delighted
to work with Japan Post and welcome onboard our new partners Nippon Express and
Mitsui O.S.K. Lines – with our combined know-how and experience, I have
every confidence that we can achieve our business goals, which are to provide
high quality, competitive express courier and general air cargo services,”
he said. |
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| ANA& JP Express will operate using ANA’s fleet of Boeing 767 freighters,
which currently comprises three aircraft. Four more are expected to be delivered
by October 2008, three of which will be converted versions of ANA 767 passenger
aircraft. |
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| For further information, please contact: |
| ANA Public Relations |
tel: 03 6375 1116 |
| Japan Post Public Relations |
tel: 03 3504 4162 |
| Nippon Express Public Relations |
tel: 03 6251 1454 |
| Mitsui O.S.K. Lines Public Relations |
tel: 03 3587 7015 |
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