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JAL inks Oneworld MoU
Nicholas Ionides, Singapore (08Feb06, 05:46 GMT, 164 words)
Japan Airlines (JAL) has taken another step towards joining the Oneworld alliance by signing a memorandum of understanding (MoU) that should lead to its entry next year.
JAL announced in October that it intended to join and said formal membership discussions would begin immediately. Oneworld says in a statement today that the exchange of the MoU documentation takes the process another step forward.
“It sets out a framework for the remaining steps to be taken before the alliance can formally invite the airline to join,” says Oneworld.
“Assuming all remaining agreements can be reached, JAL should be flying as a full-fledged member of the alliance in about one year.”
It is widely expected that JAL will become a full member on 1 April 2007, which will mark the start of its new financial year. Its main sponsor is a founding member, American Airlines, and it is supported by Cathay Pacific Airways.
JAL will be the largest member of Oneworld when measured by group revenue.
Source: Air Transport Intelligence news
JAL inks Oneworld MoU
Nicholas Ionides, Singapore (08Feb06, 05:46 GMT, 164 words)
Japan Airlines (JAL) has taken another step towards joining the Oneworld alliance by signing a memorandum of understanding (MoU) that should lead to its entry next year.
JAL announced in October that it intended to join and said formal membership discussions would begin immediately. Oneworld says in a statement today that the exchange of the MoU documentation takes the process another step forward.
“It sets out a framework for the remaining steps to be taken before the alliance can formally invite the airline to join,” says Oneworld.
“Assuming all remaining agreements can be reached, JAL should be flying as a full-fledged member of the alliance in about one year.”
It is widely expected that JAL will become a full member on 1 April 2007, which will mark the start of its new financial year. Its main sponsor is a founding member, American Airlines, and it is supported by Cathay Pacific Airways.
JAL will be the largest member of Oneworld when measured by group revenue.
Source: Air Transport Intelligence news
