Japan’s ANA Holdings become strategic partner of Vietnam Airlines
Japan’s ANA Holdings will buy 8.771 percent of Vietnam Airlines’ stake worth US$109 million, becoming the national flag carrier’s strategic shareholder under a strategic cooperation deal signed in Tokyo on May 28.
Frequent passengers are able to accumulate mileages for rewards on code-share flights.
Both sides will also cooperate in check-in procedures, cargo, transport and dining services, aircraft maintenance and other ground services in Vietnam’s and Japan’s airports.
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As Japan’s largest carrier in terms of revenue and passengers, ANA Holdings is the parent company of All Nippon Airways and low-cost airline Vanilla Air. It owns a fleet of 240 planes flying to 88 destinations and serves 47 million passengers each year.
It is also a member of Star Alliance.