ANA and Japan Post Announce New Airline; New Partners Nippon Express and Mitsui O.S.K. Lines Announce Participation.Tokyo, Japan, Jan 30, 2006 - (JCN JCN Japan Corporate News JCN Journal of Cognitive Neuroscience JCN Journal of Cardiovascular Nursing JCN Journal of Christian Nursing JCN Job Control Number JCN Journal of Child Neurology JCN joint communications network (US DoD) Newswire) - ANA and Japan Post today announced that their new joint venture cargo airline This article is about the general type of air carrier. For the Israeli cargo airline, see CAL Cargo Air Lines. Cargo airlines (or airfreight carriers, and derivatives of these names) are airlines dedicated to the transport of cargo. - 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. 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 Nippon Express Co., Ltd. is a worldwide leader in logistics services. Its head office is based in Tokyo, Japan. The company was established in 1937 in line with the Nippon Tsu-un Kaisha Law as a semi-government transportation service. , Japan's largest global logistics enterprise, and Mitsui O.S.K. Lines Mitsui O.S.K. Lines, Ltd. (株式会社商船三井 (MOL Mol (môl), commune (1991 pop. 30,763), Antwerp prov., N Belgium, near the Dutch border; founded in the 9th cent. It is a manufacturing city and the site of a Euratom nuclear research center. See mole. ), 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%. Nippon Express is expected to lend its expertise in international logistics The negotiating, planning, and implementation of supporting logistic arrangements between nations, their forces, and agencies. It includes furnishing logistic support (major end items, materiel, and/or services) to, or receiving logistic support from, one or more friendly foreign 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. ANA & JP Express will be headed by Mr Kenkichi Honbo, at present ANA Senior Vice President Cargo Marketing and Services. "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 (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , 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 Cargo without hazardous or dangerous properties and not requiring extra precautions for air transport. services," he said. 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. About All Nippon Airways Co., Ltd. All Nippon Airways, or ANA, came into existence in 1952, and over 50 years later is now one of the 10 largest airlines in the world, carrying with its sister companies almost 50 million passengers every year to 49 destinations in Japan, and to 22 overseas cities in Asia, Europe and the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . As a member of Star Alliance, the world's foremost airline alliance, ANA passengers enjoy access to a network of over 790 airport destinations in 138 countries, and reciprocal benefits such as mileage accrual and redemption, and lounge access. Source: All Nippon Airways Co., Ltd. Contact: ANA Public Relations Tel: +81-3-6375-1116 Japan Post Public Relations Tel: +81-3-3504-4162 Nippon Express Public Relations Tel: +81-3-6251-1454 Mitsui O.S.K. Lines Public Relations Tel:+81-3-3587-7015 Copyright [c] 2006 JCN Newswire. All rights reserved. A division of Japan Corporate News Network K.K. |
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