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November 21, 2014
Company Name: ANA HOLDINGS INC. Representative: Shinichiro Ito, President & CEO (Code No: 9202 TSE 1st section)
Inquiries: Kazuyuki Imanishi, Director of General Administration & CSR Promotion (Tel. 03-6735-1001)

Antitrust Immunity Requested for United-All Nippon Airways Joint Cargo Venture

All Nippon Airways (ANA) today filed an application with the MLIT (Japan's Ministry of Land, Infrastructure, Transport and Tourism) for antitrust immunity to enable ANA and United Airlines to create a more efficient and comprehensive trans-Pacific air cargo business network.
The trans-Pacific cargo joint venture - the first of its kind between the U.S. and Asia -would generate substantial service benefits for freight consumers. It would also enable United and ANA to compete more effectively with other airlines that maintain a significant presence in both markets.
Upon completion of the Japanese and United States regulatory processes, United and ANA will be able to jointly manage trans-Pacific air cargo business activities including scheduling, pricing and sales. This will allow the carriers to offer customers a greater selection of routings and cargo space along with a wider range of service options.
United Airlines and ANA are members of Star Alliance, and this cargo joint venture will expand the relationship they have established on passenger service to the area of cargo service to further increase customers' benefit.
Contact: ANA: Public Relations +81-3-6735-1111
About ANA
All Nippon Airways (ANA) is the eighth largest airline in the world by revenues (2013) and the largest in Japan by passenger numbers and cargo tonnage (2013). Founded in 1952, ANA flies to 36 international and 50 domestic destinations with a fleet of 242 aircraft that serves a network of 185 routes. The company has 14,000 employees. In
2013, it carried 49 million passengers and 1,187 thousand tons of cargo and generated revenues of 1,601 billion yen(consolidated basis). ANA has been a core member of Star Alliance since 1999 and for passenger traffic, has
joint-ventures with United Airlines on trans-Pacific routes and with Lufthansa, Swiss International Airlines, and Austrian Airlines on Japan-Europe routes. ANA was voted Airline of the Year for 2013 by Air Transport World, and was awarded five stars by the world's leading airline and airport review site, Skytrax for 2013 and 2014. ANA is the launch customer and biggest operator of the Boeing 787 Dreamliner. ANA recently started a new cargo business unit, ANA Cargo,
which is covering sales, marketing and operations to see further business expansion with its current ten B767 freighter
aircrafts and Okinawa cargo hub.

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About United Airlines
United Airlines and United Express operate an average of 5,100 flights a day to 374 airports across six continents. In
2013, United and United Express operated nearly two million flights carrying 139 million customers. With U.S. mainland hubs in Chicago, Denver, Houston, Los Angeles, New York/Newark, San Francisco and Washington, D.C., United operates more than 700 mainline aircraft. This year, the airline is taking delivery of 35 new Boeing aircraft, including the 787-9 as the North American launch customer, and is welcoming 32 new Embraer 175 aircraft to United Express. The airline is a founding member of Star Alliance, which provides service to 192 countries via 27 member airlines. More than 85,000 United employees reside in every U.S. state and in countries around the world. For more information, visit united.com, follow @United on Twitter or connect on Facebook. The common stock of United's parent,
United Continental Holdings, Inc., is traded on the NYSE under the symbol UAL.

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