Singapore Airlines and Lufthansa Group have signed a partnership agreement that will see the two airline groups operating routes between Singapore and Europe on a joint-venture basis, in addition to expanding codeshare ties significantly and deepening commercial cooperation.

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The partners claim that, by combining Virgin Atlantic’s Heathrow slots and U.K. brand strength with Delta’s powerful U.S. network, the joint venture will offer significant competition in the market and benefit consumers on both sides of the Atlantic.

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ANA Holdings ‒ which is the parent holding company of All Nippon Airways and low-cost airline Peach Aviation, like AirAsia Japan an Airbus A320 operator ‒ signed an agreement with AirAsia Berhad to dissolve the AirAsia Japan joint venture and will acquire AirAsia Berhad’s shareholding in the JV.

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Singapore Airlines has agreed to sell its 49 per cent stake in Virgin Atlantic Airways Ltd to Delta Air Lines for $360 million in cash. Together with its share purchase, Delta Air Lines has reached agreement with Virgin Atlantic Airways to form a new joint venture on transatlantic routes.

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SIA currently operates three round-trips a week between Singapore and Copenhagen. Subject to airport slot availability, Singapore Airlines’ schedule frequency on the route will increase to five flights per week from March 31, 2013.

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The Japanese Ministry of Land, Infrastructure, Transport and Tourism has granted anti-trust immunity for the joint business planned by Japan Airlines and International Airlines Group. The business does not require formal approval from the EU authorities and is set for a March 2013 launch.

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The carriers expect the partnership to lead to growth in existing air services between Singapore and Scandinavia, and, subject to market conditions at the appropriate time, pave the way for a new route between Singapore and Stockholm.

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Air Canada and United Continental Holdings, Inc. have agreed a Memorandum of Understanding for a transborder joint venture they say would generate substantial service and pricing benefits for consumers traveling between the United States and Canada.

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The U.S. Department of Transportation has given initial approval for the application by American Airlines and four of its international partners for anti-trust immunity ― that is, immunity from monopolies prosecution ― to form an international joint venture.

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United Airlines, All Nippon Airways (ANA) and Continental Airlines have applied to the U.S. Department of Transportation for antitrust immunity to enable the three airlines to create a transpacific joint venture.

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