January 20
Japan's Transportation Minister, Seiji Maehara, has told it is necessary to examine if JAL and ANA should be integrated in international operations within as long as three years for Enterprise Turnaround Initiative Corporation commits itself for the support of JAL after its bankruptcy. At previous press conference, the minister suggested a possibility to stop the current policy to keep two major carriers of Japan. A merger of JAL and ANA in domestic flights may violate the anti-monopoly law and Maehara said this possibility is out of study.
Maehara told the press that 'two-major-player system could be sustained but if not, it is an option to integrate JAL and ANA in international operations.' He also stated he is in negative position to relax the current regulations on foreign capital participation to Japanese carriers by saying 'we should be cautious for that.'
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