JAL chief dismisses merger plans
Published on Feb 11, 2011
Japan Airlines Corp’s Chairman & CEO, Kazuo Inamori, has dismissed the short-term possibility of a merger with another airline, stressing that the national carrier will continue on an independent course despite its financial problems. At a press briefing in Tokyo this week, Inamori was reported saying that it foresees an independent future and a two-way battle with Japanese rival, All Nippon Airways (ANA).
“My belief [is] that there should be two carriers… JAL must fully revitalise and have fair competition with All Nippon Airways,” the Japan Times reported Inamori as saying. He added that JAL wouldn’t consider a merger “for the next few years”.
JAL recently launched its joint venture with American Airlines, with the two carriers sharing revenues on trans-Pacific routes. ANA is entering into a similar arrangement with United-Continental.
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