DOCSLIB.ORG

Positioned for a New Chapter of Growth ANNUAL REPORT 2005

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Positioned for a New Chapter of Growth ANNUAL REPORT 2005 All Nippon Airways Co., Ltd. Annual Report 2005 For the Year Ended March 31, 2005 ALL NIPPON AIRWAYS CO., LTD. CO., LTD. ALL NIPPON AIRWAYS Positioned for A New Chapter of Growth ANNUAL REPORT 2005 ANNUAL REPORT Good Times Fly Profi le In the more than 50 years since its founding in 1952, All Nippon Airways Co., Ltd. (ANA), has provided air transportation services, with the highest priority on safe operations. ANA is proud of the high level of trust that customers have placed in the Company. As a result of that trust, ANA has grown into the world’s 10th largest airline, with more than 48 million passengers a year. With an overriding emphasis on safety and customer satisfaction, the ANA Group will continue working to be the number one airline group in Asia. ANA Group Our Commitments Philosophy On a foundation of security and reliability, the ANA Group will • Create attractive surroundings for customers • Continue to be a familiar presence • Offer dreams and experiences to people around the world Contents 1 Consolidated Financial Highlights Forward-Look ing State ments 2 ANA at a Glance This annual report contains statements based on ANA’s current plans, estimates, strategies, and beliefs; all statements that are not statements of historical fact are forward-looking state- 4 To Our Shareholders ments. These statements repre sent the judgments and hypotheses of the Company’s manage- 6 The ANA Group Mid-Term Corporate Plan (April 2005 to March 2008) ment based on currently available infor ma tion. Air transpor ta tion, the Compa ny’s core business, involves govern ment-mandated costs that are beyond the Compa ny’s control, such as airport 11 Review of Operations utilization fees and fuel taxes. In addition, condi tions in the markets served by the Compa ny are 19 Market Information subject to signifi cant fl uc tua tions. It is possible that these conditions will change dra mati cal ly due to a number of factors, such as trends in technol o gies, demand, prices, and economic 20 CSR (Corporate Social Responsibility) Activities envi ron ments; foreign exchange rate fl uc tu a tions; and others. Due to these risks and uncer- 24 Management Members tainties, it is possible that the Compa ny’s future perfor mance will differ signifi cant ly from the contents of this annu al report. Accordingly, there is no assur ance that the forward-looking 25 Financial Section statements in this annu al report will prove to be accurate. 59 The ANA Group 60 Consolidated Eleven-Year Summary 62 ANA Route System 64 ANA Directory 65 Investor Information 28 Consolidated Financial Highlights All Nippon Airways Co., Ltd. and its consolidated subsidiaries Years ended March 31, 2005, 2004 and 2003 Yen (Millions) U.S. dollars (Thousands) 2005 2004 2003 2005 For the Year: Operating revenues . ¥1,292,813 ¥1,217,596 ¥1,215,909 $12,038,486 Operating expenses . 1,215,039 1,183,242 1,218,506 11,314,266 Operating income (loss) . 77,774 34,354 (2,597) 724,220 Income (loss) before income taxes and minority interests . 45,679 35,221 (54,821) 425,356 Net income (loss) . 26,970 24,756 (28,256) 251,141 At Year-End: Total assets . ¥1,606,613 ¥1,565,106 ¥1,442,573 $14,960,546 Interest-bearing debt . 942,256 1,031,713 945,395 8,774,150 Total shareholders’ equity . 214,284 150,086 121,954 1,995,381 Yen U.S. dollars Per Share Data: Net income (loss) . ¥17.26 ¥16.14 ¥(18.42) $0.161 Net income assuming full dilution . 15.31 14.10 − 0.143 Cash dividends . 3.00 3.00 − 0.028 % Management Indexes ROA . 5.2% 2.7% 0.3% ROE . 14.8 18.2 – Notes: 1. U.S. dollar amounts in this report are translated, for convenience only, at the rate of ¥107.39=US$1, the approximate exchange rate as of March 31, 2005. 2. As of March 31, 2005, there were 96 consolidated subsidiaries and 22 equity-method subsidiaries and affiliates. 3. ROA = (operating income + interest and dividend income) / simple average of total assets 4. ROE = net income / simple average of total assets Operating Revenues / Total Assets / ROA / ROE Operating Income (Loss) Margin Shareholders’ Equity Ratio (¥ Billions) (%) (¥ Billions) (%) ROA (%) ROE (%) 1,500 8 2,000 16 8 60 6 45 1,200 6 1,500 12 4 30 900 4 1,000 8 2 15 600 2 0 0 500 4 300 0 –2 –15 0 –2 0 0 –4 –30 01/3 02/3 03/3 04/3 05/3 01/3 02/3 03/3 04/3 05/3 01/3 02/3 03/3 04/3 05/3 Operating Revenues Total Assets ROA Operating Income (Loss) Margin Shareholders’ Equity Ratio ROE 1 ANA at a Glance Business Activities Air Transportation Centered on ANA, the Company conducts air transportation opera- tions and other operations using aircraft on domestic and international routes. The Company principally provides passenger, cargo, and mail transportation services. With 48.6 million passengers a year, ANA is one of the world’s leading airline groups. ANA also provides a range of services for customers at airports, telephone-based reservations guidance, and aircraft maintenance services. Domestic Routes As of June 2005, ANA operates 865 flights a day on 132 routes. With 44.5 million passengers a year, the Company has a market share of about 50%. ANA is working to improve all aspects of services for customers, from reservations to ticket pur- chase and boarding, in line with the key words “simple” and “convenient.” ANA transports 510,000 tons of cargo and mail a year, and the Company is taking steps to increase its capacity, such as offering late-night scheduled cargo flights. International Routes As of June 2005, ANA operates 488 flights a week on 35 routes and carries 4.1 mil- lion passengers a year. The Company is a leading member of Star Alliance, the world’s largest airline alliance. Along with other member airlines, ANA provides highly convenient air transportation services. A special focus for the Company is the establishment of an East Asia network, centered on China. ANA transports 250,000 tons of cargo and mail a year, and the Company is implementing measur- ings to reinforce its operational foundation, such as adding cargo freighters. Travel Services The Company develops and sells products using ANA Group air trans- portation services and accommodations at ANA hotels. The principal products are ANA Hallo Tour overseas travel packages and ANA Sky Holiday domestic travel packages. Hotel Operations The Company manages hotels, centered on major cities in Japan, and provides hotel chain management support. We offer a range of services, including accommodations and food and beverage. ANA aims to pro- vide the highest level of service to satisfy its customers. Other Businesses In other businesses, ANA’s operations are principally related to air transportation, including information and telecommunications, trading, retailing, real estate and building maintenance, ground transportation and distribution, and aircraft equipment repair. 22 3 Segment Revenues as a Percentage of Segment Revenues Operating Revenues Major Group Companies 1,200 (¥ Billions) Air Transportation 800 All Nippon Airways Co., Ltd. (ANA) Air Nippon Co., Ltd. (ANK) 70.7% 400 Air Japan Co., Ltd. (AJX) Air Hokkaido Co., Ltd. (ADK) 0 01/3 02/3 03/3 04/3 05/3 Air Nippon Network Co., Ltd. (AKX) Air Transportation Support ANA Catering Service Co., Ltd. 900 (¥ Billions) Osaka Airport Service Co., Ltd. 600 International Airport Utility Co., Ltd. New Tokyo Airport Service Co., Ltd. 46.2% 300 ANA Aircraft Maintenance Co., Ltd. 0 01/3 02/3 03/3 04/3 05/3 400 (¥ Billions) 300 17.5% 200 100 0 01/3 02/3 03/3 04/3 05/3 200 (¥ Billions) ANA Sales Co., Ltd. 150 12.6% 100 50 0 01/3 02/3 03/3 04/3 05/3 90 (¥ Billions) ANA Property Management Co., Ltd. ANA Hotels & Resorts Co., Ltd. 60 4.6% ANA Hotel Management Co., Ltd. 30 ANA Hotel Tokyo Co., Ltd. Okinawa ANA Resort Co., Ltd. 0 01/3 02/3 03/3 04/3 05/3 200 (¥ Billions) All Nippon Airways Trading Co., Ltd. 150 ANA Real Estate Co., Ltd. 12.1% 100 ANA Information Systems Planning Co., Ltd. Infini Travel Information, Inc. 50 ANA Logistic Service Co., Ltd. 0 01/3 02/3 03/3 04/3 05/3 Jamco Corporation 2 3 To Our Shareholders Highlights of the Fiscal Year Ended March 2005 • We recorded solid performances in international and cargo operations, and operating revenues rose 6.2%, to ¥1,292.8 billion. • Despite higher fuel prices, vigorous efforts to reform our cost structure limited the increase in operating expenses, which rose 2.7%, to ¥1,215.0 billion. • Operating income was up 126.4%, to ¥77.7 billion, the second highest level in the Company’s history. • Net income increased 8.9%, to ¥26.9 billion. • We paid dividends of ¥3.00 per share. Aiming to Be the Number One Airline Group second highest level in the Company’s history, in Asia and net income increased 8.9%, to ¥26.9 billion. Cash dividends were set at ¥3.00 per On April 1, 2005, Yoji Ohashi became share. chairman of the Board of Directors, and I became president and CEO. My objective is to Implementing the ANA Group Mid-Term realize as soon as possible the corporate vision Corporate Plan (April 2005 to March 2008) announced by Mr. Ohashi: being the number one airline group in Asia. I will dedicate The expansion and internationalization my efforts to maintaining safe operations, of Haneda Airport are scheduled for to achieving this vision, and to meeting the completion in 2009.
Load more

Recommended publications
  • My Personal Callsign List This List Was Not Designed for Publication However Due to Several Requests I Have Decided to Make It Downloadable
    - www.egxwinfogroup.co.uk - The EGXWinfo Group of Twitter Accounts - @EGXWinfoGroup on Twitter - My Personal Callsign List This list was not designed for publication however due to several requests I have decided to make it downloadable. It is a mixture of listed callsigns and logged callsigns so some have numbers after the callsign as they were heard. Use CTL+F in Adobe Reader to search for your callsign Callsign ICAO/PRI IATA Unit Type Based Country Type ABG AAB W9 Abelag Aviation Belgium Civil ARMYAIR AAC Army Air Corps United Kingdom Civil AgustaWestland Lynx AH.9A/AW159 Wildcat ARMYAIR 200# AAC 2Regt | AAC AH.1 AAC Middle Wallop United Kingdom Military ARMYAIR 300# AAC 3Regt | AAC AgustaWestland AH-64 Apache AH.1 RAF Wattisham United Kingdom Military ARMYAIR 400# AAC 4Regt | AAC AgustaWestland AH-64 Apache AH.1 RAF Wattisham United Kingdom Military ARMYAIR 500# AAC 5Regt AAC/RAF Britten-Norman Islander/Defender JHCFS Aldergrove United Kingdom Military ARMYAIR 600# AAC 657Sqn | JSFAW | AAC Various RAF Odiham United Kingdom Military Ambassador AAD Mann Air Ltd United Kingdom Civil AIGLE AZUR AAF ZI Aigle Azur France Civil ATLANTIC AAG KI Air Atlantique United Kingdom Civil ATLANTIC AAG Atlantic Flight Training United Kingdom Civil ALOHA AAH KH Aloha Air Cargo United States Civil BOREALIS AAI Air Aurora United States Civil ALFA SUDAN AAJ Alfa Airlines Sudan Civil ALASKA ISLAND AAK Alaska Island Air United States Civil AMERICAN AAL AA American Airlines United States Civil AM CORP AAM Aviation Management Corporation United States Civil
    [Show full text]
  • Analysis of the Effects of Air Transport Liberalisation on the Domestic Market in Japan
    Chikage Miyoshi Analysis Of The Effects Of Air Transport Liberalisation On The Domestic Market In Japan COLLEGE OF AERONAUTICS PhD Thesis COLLEGE OF AERONAUTICS PhD Thesis Academic year 2006-2007 Chikage Miyoshi Analysis of the effects of air transport liberalisation on the domestic market in Japan Supervisor: Dr. G. Williams May 2007 This thesis is submitted in partial fulfilment of the requirements for the degree of Doctor of Philosophy © Cranfield University 2007. All rights reserved. No part of this publication may be reproduced without the written permission of the copyright owner Abstract This study aims to demonstrate the different experiences in the Japanese domestic air transport market compared to those of the intra-EU market as a result of liberalisation along with the Slot allocations from 1997 to 2005 at Haneda (Tokyo international) airport and to identify the constraints for air transport liberalisation in Japan. The main contribution of this study is the identification of the structure of deregulated air transport market during the process of liberalisation using qualitative and quantitative techniques and the provision of an analytical approach to explain the constraints for liberalisation. Moreover, this research is considered original because the results of air transport liberalisation in Japan are verified and confirmed by Structural Equation Modelling, demonstrating the importance of each factor which affects the market. The Tokyo domestic routes were investigated as a major market in Japan in order to analyse the effects of liberalisation of air transport. The Tokyo routes market has seven prominent characteristics as follows: (1) high volume of demand, (2) influence of slots, (3) different features of each market category, (4) relatively low load factors, (5) significant market seasonality, (6) competition with high speed rail, and (7) high fares in the market.
    [Show full text]
  • Airline Name & Code Tên & Mã Các Hãng Hàng Không
    HANLOG LOGISTICS TRADING CO.,LTD No. 4B, Lane 49, Group 21, Tran Cung Street Nghia Tan Ward, Cau Giay Dist, Hanoi, Vietnam Tel: +84 24 2244 6555 Hotline: + 84 913 004 899 Email: [email protected] Website: www.hanlog.vn AIRLINE NAME & CODE TÊN & MÃ CÁC HÃNG HÀNG KHÔNG SCAC CODE Tên hãng hàng không/ Airline Name SU AEROFLOT RUSSIAN AIRLINES AM AEROMEXICO VV AEROSVIT AIRLINES LD AHK AIR HONG KONG AK AIR ASIA D7 AIR ASIA X BX AIR BUSAN SB AIR CALEDONIE INTERNATIONAL AC AIR CANADA CA AIR CHINA INTERNATIONAL CORPORATION AF AIR FRANCE KJ AIR INCHEON AI AIR INDIA NQ AIR JAPAN NX AIR MACAU COMPANY LIMITED NZ AIR NEW ZEALAND EL AIR NIPPON CO.,LTD. PX AIR NIUGINI FJ AIR PACIFIC LIMITED AD AIR PARADISE TN AIR TAHITI NUI JW AIRASIA JAPAN CO.,LTD. RU AIRBRIDGE CARGO AIRLINES LLC AZ ALITALIA NH ALL NIPPON AIRWAYS CO.,LTD. HP AMERICA WEST AIRLINES AA AMERICAN AIRLINES,INC. 9N ANA & JP EXPRESS 8G ANGEL AIR AN ANSETT AUSTRALIA OZ ASIANA AIRLINES INC. 5Y ATLAS AIR INC. AO AUSTRALIAN AIRLINES OS AUSTRIAN AIRLINES AG PG BANGKOK AIRWAYS CO.,LTD. BG BIMAN BANGLADESH AIRLINES BA BRITISH AIRWAYS P.L.C. 8B BUSINESS AIR K6 CAMBODIA ANGKOR AIR 2G CARGOITALIA CV CARGOLUX AIRLINES INT'L S.A. C8 CARGOLUX ITALIA S.P.A. CX CATHAY PACIFIC AIRWAYS 5J CEBU PACIFIC AIR CI CHINA AIRLINES CK CHINA CARGO AIRLINES LTD. MU CHINA EASTERN AIRLINES WH CHINA NORTHWEST AIRLINES 8Y CHINA POSTAL AIRLINES LTD. CZ CHINA SOUTHERN AIRLINES SZ CHINA SOUTHWEST AIRLINES. CO CONTINENTAL AIRLINES,INC.
    [Show full text]
  • Flight Path to New Horizons Annual Report 2012 for the Year Ended March 31, 2012
    Flight Path to New Horizons Annual Report 2012 For the Year Ended March 31, 2012 Web Edition Shinichiro Ito President and Chief Executive Officer Editorial Policy The ANA Group aims to establish security and reliability through communication with its stakeholders, thus increasing corporate value. Annual Report 2012 covers management strategies, a business overview and our management struc- ture, along with a wide-ranging overview of the ANA Group’s corporate social responsibility (CSR) activities. We have published information on CSR activities that we have selected as being of particular importance to the ANA Group and society in general. Please see our website for more details. ANA’s CSR Website: http://www.ana.co.jp/eng/aboutana/corporate/csr/ Welcome aboard Annual Report 2012 The ANA Group targets growth with a global business perspective. Based on our desire to deliver ANA value to customers worldwide, our corporate vision is to be one of the leading corporate groups in Asia, providing passenger and cargo transportation around the world. The ANA Group will achieve this vision by responding quickly to its rapidly changing operating environment and continuing to innovate in each of its businesses. We are working toward our renaissance as a stronger ANA Group in order to make further meaningful progress. Annual Report 2012 follows the ANA Group on its journey through the skies as it vigorously takes on new challenges to get on track for further growth. Annual Report Flight 2012 is now departing. Enjoy your flight! Targeted Form of the ANA Group ANA Group Corporate Philosophy ANA Group Corporate Vision Our Commitments On a foundation of security and reliability, With passenger and cargo the ANA Group will transportation around the world • Create attractive surroundings for customers as its core field of business, • Continue to be a familiar presence the ANA Group aims to be one of the • Offer dreams and experiences to people leading corporate groups in Asia.
    [Show full text]
  • Nippon Airways Co., Ltd
    PROSPECTUS STRICTLY CONFIDENTIAL All Nippon Airways Co., Ltd. Admission of 537,500,000 Shares of Common Stock to the Official List of the UK Listing Authority (the “Official List”), and to trading on the Main Market (the “Market”) of the London Stock Exchange plc (the “London Stock Exchange”) The date of this Prospectus is July 28, 2009 TABLE OF CONTENTS Page Summary ...................................................................... 1 Risk Factors .................................................................... 5 Admission to Listing .............................................................. 17 Enforcement of Liabilities .......................................................... 17 Available Information ............................................................. 17 Forward-looking Statements ........................................................ 18 Presentation of Financial and Other Information.......................................... 19 Glossary ....................................................................... 20 Information Concerning Our Common Stock ............................................ 21 Exchange Rates ................................................................. 23 Capitalization and Indebtedness ...................................................... 24 Selected Consolidated Financial Data and Other Information ................................ 26 Operating and Financial Review ..................................................... 29 Business ......................................................................
    [Show full text]
  • Airlines Codes
    Airlines codes Sorted by Airlines Sorted by Code Airline Code Airline Code Aces VX Deutsche Bahn AG 2A Action Airlines XQ Aerocondor Trans Aereos 2B Acvilla Air WZ Denim Air 2D ADA Air ZY Ireland Airways 2E Adria Airways JP Frontier Flying Service 2F Aea International Pte 7X Debonair Airways 2G AER Lingus Limited EI European Airlines 2H Aero Asia International E4 Air Burkina 2J Aero California JR Kitty Hawk Airlines Inc 2K Aero Continente N6 Karlog Air 2L Aero Costa Rica Acori ML Moldavian Airlines 2M Aero Lineas Sosa P4 Haiti Aviation 2N Aero Lloyd Flugreisen YP Air Philippines Corp 2P Aero Service 5R Millenium Air Corp 2Q Aero Services Executive W4 Island Express 2S Aero Zambia Z9 Canada Three Thousand 2T Aerocaribe QA Western Pacific Air 2U Aerocondor Trans Aereos 2B Amtrak 2V Aeroejecutivo SA de CV SX Pacific Midland Airlines 2W Aeroflot Russian SU Helenair Corporation Ltd 2Y Aeroleasing SA FP Changan Airlines 2Z Aeroline Gmbh 7E Mafira Air 3A Aerolineas Argentinas AR Avior 3B Aerolineas Dominicanas YU Corporate Express Airline 3C Aerolineas Internacional N2 Palair Macedonian Air 3D Aerolineas Paraguayas A8 Northwestern Air Lease 3E Aerolineas Santo Domingo EX Air Inuit Ltd 3H Aeromar Airlines VW Air Alliance 3J Aeromexico AM Tatonduk Flying Service 3K Aeromexpress QO Gulfstream International 3M Aeronautica de Cancun RE Air Urga 3N Aeroperlas WL Georgian Airlines 3P Aeroperu PL China Yunnan Airlines 3Q Aeropostal Alas VH Avia Air Nv 3R Aerorepublica P5 Shuswap Air 3S Aerosanta Airlines UJ Turan Air Airline Company 3T Aeroservicios
    [Show full text]
  • The ANA Group As of March 31, 2012
    The ANA Group As of March 31, 2012 ANA Group Organization General Meeting Management Committee of Shareholders Corporate Auditors Corporate Auditors Office Operations Committee Board of Corporate Auditors Board of Directors Operations Reports & Review Committee Senior Advisor CS Promotion Committee Chairman Internal Audit President & CEO Safety Promotion Committee IT Strategy & Governance Committee Risk Management Committee Headquarters Departments CSR Promotion Committee Compliance Committee Environment Committee Operations & Airport Services Marketing & Sales Cargo Marketing Flight Operations Engineering & Maintenance Inflight Services & Services Domestic Branches Domestic Airport Branches Overseas Branches Domestic Airport Offices Overseas Airport Offices Number of Subsidiaries and Affiliates Operating Segment Total of Subsidiaries of which, consolidated of which, equity method Total of Affiliates of which, equity method Air Transportation 50 34 − 7 4 Travel Services 5 5 − 1 1 Other Businesses 53 23 5 33 12 Total 108 62 5 41 17 Major Subsidiaries Percentage Paid-in Owned by Principal Subsidiaries and Affiliates Principal Businesses/Relationship with the Company Capital1 the Parent Air Transportation Air Nippon Co., Ltd.2 (ANK) Joint transportation services, leasing of ANA aircraft and other assets, maintenance for other airlines ¥ 100 million 100.0 % ANA WINGS CO., LTD. (AKX) Joint transportation services, leasing of ANA aircraft and other assets, maintenance for other airlines 50 100.0 Air Japan Co., Ltd. (AJX) Leasing of ANA aircraft and other assets, maintenance for other airlines, leasing of ANA offices 50 100.0 ANA Catering Service Co., Ltd. In-flight food purchasing 100 100.0 ANA Airport Handling Co., LTD.3 ANA aircraft ground handling, airport customer services for other airlines, leasing of ANA offices and warehouses 100 100.0 New Tokyo Airport Service Co., Ltd.
    [Show full text]
  • Airline Merger and Market Structure Change in Japan (MIZUTANI, Jun)
    Airline Merger and Market Structure Change in Japan (MIZUTANI, Jun) AIRLINE MERGER AND MARKET STRUCTURE CHANGE IN JAPAN: A CONDUCT-PARAMETER AND THEORETICAL-PRICE APPROACH1 Jun MIZUTANI* Faculty of Economics, Osaka University of Commerce, Japan ABSTRACT In 2003, the domestic air transportation market in Japan changed from tripoly with All Nippon Airways (NH), Japan Airlines (JL) and Japan Air System (JD) to duopoly with NH and the new Japan Airlines (JJ), the result of the merger of JL and JD. This paper empirically examines the merger effects on the market competition structure using conduct parameter and theoretical price approaches. One might say that the merger changed the market structure because Stackelberg competition with NH as a leader and JL and JD as followers had been developed before the merger, and Cournot competition with NH and JJ developed after the merger. Keywords: Airline industry; Merger effects; Cournot competition; Stackelberg competition 1 The earlier version of this study was presented in a seminar at the University of British Columbia. I would like to thank the participants in the seminar for their comments and suggestions, especially Anming Zhang, Tae Hoon Oum, David Gillen and William Waters. * Tel. +81 6 6781 0381; Fax +81 6 6781 8438. E-mail address: [email protected] 12th WCTR, July 11-15, 2010 – Lisbon, Portugal 1 Airline Merger and Market Structure Change in Japan (MIZUTANI, Jun) 1. INTRODUCTION In November 2001, the planned merger of Japan Airlines and Japan Air System (JJ merger) was announced and a holding company for JL and JD was established in October 20022.
    [Show full text]
  • Air Transport Policy in Japan
    Air Transport Policy in Japan Hirotaka Yamauchi and Takatoshi Ito Working Paper No. 124 Working Paper Series Center on Japanese Economy and Business Columbia Business School September 1996 Air Transport Policy in Japan Hirotaka Yamauchi Professor of Commerce Hitotsubashi University Tokyo, Japan Takatoshi Ito Professor of Economics Institute of Economic Research Hitotsubashi University and Senior Advisor Research Department International Monetary Fund Washington, D.C. August 1995 Acknowledgment: The authors are grateful to Yoshiyuki Hiroki, All Nippon Airways, and Gary Hufbauer, IJE, for their comments on the earlier version of this paper. Views expressed in this paper are the authors' own and do not necessarily reflect any institutions that the authors have been affiliated with in the past or present. Abstract This paper reviews the development and status of the airline industry of Japan and the points of debate in the recent Japan-U.S. airline dispute. Until 1986, international routes were given only to Japan Air Lines, while domestic routes were dominated by All Nippon Airways, with minor shares given to JAL (major routes only) and Japan Air System (local, short-haul routes only). A policy change in 1986 allowed the three airlines to mutually expand into each other's routes. Major deregulation on airfares did not come until 1995-96. The original Japan-U.S. treaty of 1952 was "unfair" in the sense that the U.S. carriers were given more freedom than their Japanese counterparts, especially in "beyond rights." The amendments of 1982, 1985, and 1989 expanded the routes of Japanese airlines (JAL and new entries of ANA and J AS) as well as those of the new U.S.
    [Show full text]
  • Wiinter 2004 Airline Schedule
    28 October 2004 Narita International Airport Corporation Wiinter 2004 Airline Schedule (1) International Service （Unit：Flights) ＊ This chart has been compiled by NAA based on IATA Weekly Flights Increase/decrease Weekly Flights Increase/decrease adjusted data and differs in part to that compiled Category Code Airline Category Code Airline Sum 04 ① Win 04 ② ②－① Sum 04 ① Win 04 ② ②－① by the MLIT. Also, services that transit a ＡＡＬ American Airlines 78 80 2 ＡＦＬ Aeroflot-Russian Airlines 10 8 △ 2 domestic airport before heading abroad are ＡＣＩ Air Caledonie International 10 10 ＡＦＲ Air France 8 8 counted as international services. ＡＦＲ Air France 34 34 ＡＨＫ※ Air Hong Kong 10 10 ＡＺＡ Alitalia 20 20 ＡＮＡ All Nippon Airways 24 24 ● The winter '04 schedule figures are based on actual ＢＡＷ British Airways 28 28 ＣＡＬ China Airlines 4 4 figures for the 7 day period from 21 to 27 Nov 2004. ＣＰＡ Cathay Pacific Airways 70 70 ＣＥＳ China Eastern Airlines 44 ＦＩＮ Finnair 44 ＣＰＡ Cathay Pacific Airways 14 14 ＫＡＬ Korean Air 98 98 ＤＬＨ※ Lufthansa Cargo 66 ● The summer '04 schedule figures are based on actual ＫＬＭ KLM Royal Dutch Airlines 14 14 ＦＤＸ※ Federal Express 110 104 △ 6 figures for the 7 day period from 11 to 17 April 2004. ＮＷＡ Northwest Airlines 304 308 4 ＪＡＡ Japan Asia Airways 10 10 Terminal 1 ＳＩＡ Singapore Airlines 54 54 ＪＡＬ Japan Airlines 88 92 4 ＴＨＴ Air Tahiti Nui 66 Cargo Services ＫＡＬ Korean Air 88 ● Of the cargo service airlines, only specialized cargo airlines ＵＡＬ United Airlines 210 210 ＭＡＳ Malaysia Airlines 22 marked with an asterisk (※) have been included in the number ＵＳＡ US Airways ＮＣＡ※ Nippon Cargo Airlines 82 88 6 of airlines indicated besides 'total international service'.
    [Show full text]
  • To Readers of the Attached Code-Share List
    TO READERS OF THE ATTACHED CODE-SHARE LIST: The U.S. Air Carrier Licensing Division’s code-share list is an informal compilation of code-share relationships. As such, it does not represent a complete compilation of all code shares. New code-share relationships are continually being negotiated, and the ones reflected in the attached listing may or may not be still in place or be of a continuing nature. Similarly, the list may not reflect all existing code shares of a particular type, or all existing types of code shares. This list is not an official document of the Department of Transportation and, accordingly, should not be relied upon or cited as such. NOTE: THIS LIST IS COMPRISED OF ONLY THOSE CARRIERS WHOSE CODE-SHARE RELATIONSHIPS ARE OF A NEW OR CONTINUING BASIS. DORMANT CODE-SHARE RELATIONSHIPS TO THE EXTENT KNOWN HAVE BEEN DELETED. Block descriptions of certain code-share arrangements approved for the same term may have been compressed into one block description to conserve space. If the authorities are not new or changed, but only compressed, the compressed descriptions will not appear in bold type. Carriers must notify the Department no later than 30-day before they begin any new code-share service under the code-share services authorized. This report is current through May 31, 2015. Changes from the previous reports are noted in bold type. Please note that the code-share report (in adobe format) is accessible from the DOT web site at the following address: http://www.dot.gov/policy/aviation-policy/licensing/code-sharing Go to International Issues Scroll Down and Select Code Shares (Authorization, Safety, and Report) Scroll to the end of the paragraph and select list of all code shares TYPE 1 SERVICE BEHIND U.S.
    [Show full text]
  • The Transportation Antitrust Update
    Summer 2002 Issue No. 9 The Transportation Antitrust Update Transportation Industry Committee • Section of Antitrust Law • American Bar Association In This Issue: Note from the Chair: he Committee sponsored several The Antitrust Review of the Japan Airlines Tsuccessful programs this past spring. See and Japan Air System Merger page 31 for a brief description. by Naveen C. Rao .................................................. 2 The articles in this issue of our newsletter New Competition-Related Railroad cover a range of transportation competition Legislation Introduced in the Senate issues. Naveen C. Rao of the Federal Aviation by Andrew B. Kolesar III..................................... 13 Administration analyzes the Japan Fair Trade Commission’s approval of the merger of Japan The Orbitz Controversy: Airlines and Japan Air System earlier this Travelocity’s Perspective year. Andrew B. Kolesar III of Slover & by Andrew B. Steinberg....................................... 19 Loftus provides a summary and analysis of S. 2245, the Railroad Competition, Arbitration, and Service Act of 2002, introduced by The Transportation Industry Committee Senator Conrad Burns this past April. As the WEBSITE is here: second part of a point/counterpoint exchange, http://www.abanet.org/antitrust/committees/ Andrew B. Steinberg, formerly general industry/trans.html counsel of Travelocity.com and currently Our website includes pages with reports of general counsel of Church & Dwight Co., recent developments, announcements of responds to the perspectives on antitrust issues upcoming meetings, and useful links. Back relating to the Orbitz online travel service that issues of this newsletter are available as well. were offered in our last issue by Gary We invite you to visit the website and provide Doernhoefer, general counsel of Orbitz, us with your feedback.
    [Show full text]