ANA Group and Vietnam Airlines agreed Business and Capital Partnership

The ANA Group, Japan's largest airline group and Vietnam Airlines, the leading airline in Vietnam have entered into a Memorandum of Understanding (MOU) for the ANA Group to acquire a stake in Vietnam Airlines of approximately 8.8% worth 2,431 billion Vietnamese dong (US$108 million).

The partnership will also provide for the ANA Group and Vietnam Airlines to enable both to take maximum advantage of the increasing demand for air services in the Asian market and, in particular, in the Cambodia-Laos-Myanmar-Vietnam group of countries which has one of the highest growth potentials in the region.

Shinya Katanozaka, CEO of ANA HOLDINGS INC., said: "Asia is a key growth market for ANA Group as we expand our international footprint and Vietnam Airlines makes the ideal partner for us because we share the same high standards and approach to customer service and efficiency. We look forward to completing this strategic investment and launching our partnership so we can serve our passengers even better."

Pham Viet Thanh, Chairman of Vietnam Airlines said: "We appreciate the cooperation with ANA Group to participate in the administration and long-term development of the Vietnam Airlines Corporation. ANA is one of the leading airlines in the region and in the world. The cooperation with ANA Group will help Vietnam Airlines acquire new management technologies, expand the market, improve service quality, increase competitiveness on international markets. I strongly believe this comprehensive cooperation will enhance the value, brand and image of Vietnam Airlines".

In addition, the ANA Group will dispatch one member to the board of Vietnam Airlines and will also provide Vietnam Airlines with operational and management knowhow to help support service quality.

Vietnam Airlines currently operates 66 flights weekly on ten routes between Japan and Vietnam. ANA operates fourteen flights weekly on two routes.

Implementation of the partnership is subject to necessary approvals being obtained from Vietnamese government authorities and the conclusion of definitive agreements concerning the business and capital partnership between the ANA Group and Vietnam Airlines.

ベトナム航空と業務・資本提携に関する基本合意書を締結
～ANAグループはベトナム航空への戦略的投資をおこないます～

ANAグループは、ベトナム航空の株式の約8.8％を2兆4,310億ドン（約130億円）で取得し、アジアにおける戦略的な業務・資本提携を展開していくことで、ベトナム航空との間で基本合意いたしました。

　ANAグループは、中期経営戦略において、新たな成長領域拡大に向け、航空関連ビジネスを中心としたアジアへの戦略的投資に取り組んでおります。

　ベトナムは、アジアの中でもとりわけ成長ポテンシャルの高いCLMV（※1）の中心に位置し、TPP参加国の一員でもあります。今回の業務・資本提携に より、今後の経済発展が期待される同地域を含むアジア市場の航空需要を着実に取り込み、ビジネス機会を積極的に拡大してまいります。
　※1 CLMV： カンボジア（Cambodia）・ラオス（Laos）・ミャンマー（Myanmar）・ベトナム（Vietnam）

　本提携により、ANAグループは、ベトナム航空へ取締役を派遣する他、両社の間で広範な業務提携について検討を進めてまいります。

　なお、本提携は、ベトナム政府当局からの必要な許認可取得ならびにANAグループとベトナム航空グループとの間の業務・資本提携に関する最終契約の締結を条件として実施いたします。