Comments By American Airlines CEO Gerard Arpey on Japan Airlines Decision to Continue Membership in oneworld Alliance
FORT WORTH, Texas, Feb. 9 /PRNewswire-FirstCall/ -- American Airlines today announced that it is pleased Japan Airlines (JAL) will continue and expand its successful relationship with American and the oneworld® Alliance.
"We respect that this was an important decision for Japan Airlines and the government of Japan, and we believe they have made the right choice for JAL's many stakeholders, for Japan's national interests and for consumers traveling between Japan and the United States," said Gerard Arpey, American's Chairman and CEO. "When oneworld executives and I recently met with JAL Chairman Dr. Kazuo Inamori and President Masaru Onishi and their team, we reiterated our commitment to support JAL on its path to success. We stand firmly by that commitment, and look forward to working closely with JAL to support its restructuring efforts."
That support starts with being a valued and equal partner in oneworld, a collection of 11 of the finest airline brands in the world that offers JAL superior network presence in the markets that matter most. For example, for connections from Japan to the top markets within the Americas, Europe, Asia and Australia, in 16 of those 20 markets oneworld provides JAL with a stronger network presence than any other alliance. "The quality of oneworld is unrivaled," Arpey said.
American and JAL will now focus on building a joint venture that can offer JAL significant revenue growth beyond the stability that oneworld offers today.
"In the coming days, American will work with JAL's new management team to finalize a joint application for trans-Pacific antitrust immunity (ATI) that will be filed with the U.S. Department of Transportation (DOT)," Arpey said. "American remains confident that the ATI application will meet DOT's pro-consumer and pro-competition criteria for granting ATI, which will pave the way for our two airlines to operate a joint venture between U.S. and Japan." With immunity, both carriers may cooperate more closely and generate new revenue while providing better travel choices for customers.
"American and all its oneworld partners, and in particular British Airways and Qantas, look forward to working with JAL to create an even stronger partnership through commercial enhancements and assistance that can generate important new revenue to JAL and support its successful restructuring," Arpey added. The carriers previously outlined plans to deliver to JAL commercial benefits valued at approximately $2 billion in ongoing and incremental revenue over three years.
About American Airlines
American Airlines, American Eagle and AmericanConnection® serve 250 cities in 40 countries with, on average, more than 3,400 daily flights. The combined network fleet numbers more than 900 aircraft. American's award-winning Web site, AA.com®, provides users with easy access to check and book fares, plus personalized news, information and travel offers. American Airlines is a founding member of the oneworld® Alliance, which brings together some of the best and biggest names in the airline business, enabling them to offer their customers more services and benefits than any airline can provide on its own. Together, its members serve nearly 700 destinations in more than 130 countries and territories. American Airlines, Inc. and American Eagle Airlines, Inc. are subsidiaries of AMR Corporation.
About oneworld: oneworld brings together some of the best and biggest names in the airline business - American Airlines, British Airways, Cathay Pacific, Finnair, Iberia, Japan Airlines, LAN, Malev Hungarian Airlines, Mexicana, Qantas and Royal Jordanian, and around 20 affiliates including American Eagle, Dragonair, LAN Argentina, LAN Ecuador and LAN Peru. Russia's S7 Airlines will join the alliance in 2010. Between them, these airlines:
- Serve almost 750 airports in nearly 150 countries, with some 8,500 daily departures
- Offer nearly 550 airport lounges for premium customers
- Carry some 330 million passengers a year
- Employ 300,000 people
- Operate almost 2,500 aircraft
- Generate some US$100 billion annual revenues in total
The alliance enables its members to offer their customers more services and benefits than any airline can provide on its own. These include a broader route network, opportunities to earn and redeem frequent flyer miles and points across the combined oneworld network and more airport lounges. oneworld also offers more alliance fares than any of its competitors. oneworld was voted the World's Leading Airline Alliance for the seventh year running in the latest (2009) World Travel Awards.
Current AMR Corp. (NYSE: AMR) releases can be accessed on the Internet.
The address is http://www.aa.com
SOURCE American Airlines