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Japan's ANA tightens bond with Singapore Air as market grows

Carriers seek approval to align schedules and fares, battling budget rivals

Singapore Airlines served more than 20 million international passengers in 2018, twice as many as All Nippon Airways.   © Reuters

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.

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