German-Japanese joint venture obtains antitrust immunity
All Nippon Airways (ANA), Japan's largest airline, and Lufthansa Cargo, a Germany-based air cargo carrier, are launching a strategic airfreight joint venture on routes between Japan and Europe and vice versa. This is the first worldwide cargo joint venture of its kind. ANA has received antitrust immunity, i. e. approval for the joint venture from the Japanese ministry of land infrastructure and transport after filing for it in spring 2014. In addition, the joint venture has been positively assessed for compliance with relevant EU antitrust regulations.
Now ANA and Lufthansa Cargo can jointly manage activities covered by the joint venture including network planning, pricing, sales and handling on all routes between Japan and Europe and vice versa. Based on a joint contract which is to be signed in the next few weeks, the two carriers aim to introduce the joint approach on shipments originating from Japan to Europe in winter 2014/2015 and for shipments from Europe to Japan in mid-2015.