*JTB will shift to a business holding company with six business companies

JTB President Takashi Sasaki revealed at a news conference on October 29 that JTB will shift to a business holding company with six business companies by the end of FY2005 or March 31 2006. Under a business holding company, six business companies will be a travel business company, a solution business company, a publishing and advertising business company, a trading business company, an independent business company and a shared service company.

This Week Headline
*JTB will shift to a business holding company with six business companies
+Travel businesses will be fractionized
+Targeting ordinary profit of 3 billion yen for the solution businesses
+Complete depreciation of retirement and pension liabilities by FY2005
*ANA achieved the most revenue ever for the first half of FY2004
*NAL is reborn as one of ANA Group
*ANA successfully reduces CO2 emission
*MAS introducing new business class on its Narita route first
*COA will launch Hiroshima-Guam flight services next year
*Vladivostok Air will introduce new aircraft on its Japanユs routes
*Kansai operates the most flights ever during the 2004 winter schedule