TOKYO -- All Nippon Airways enters a comprehensive tie-up with Singapore Airlines as early as this month, joining forces to fend off competition in an increasingly crowded Southeast Asian market.
This type of partnership, known as a joint venture in the aviation industry, will go beyond the carriers' current code-sharing agreement to let them coordinate schedules and fares. The arrangement is slated to launch around 2021 once the airlines receive the necessary antitrust exemptions.
