*JTB and JCB agree to launch a joint venture for innovative businesses

JTB and JCB, the Japan's leading credit card company, announced on May 30 that the pair has agreed to launch a joint venture "J & J Business Development Co." in July this year to strengthen the current businesses and to develop innovative businesses by blending travel business and credit card payment know-how. The new company will be established with 490 million yen in capital.

This Week Headline
*JTB and JCB agree to launch a jointventure for innovative businesses
+Corporate solutions or overseas businesses will be developed in the future
*JTB suffered from increase of expenses but posted more net profit for FY2005
*U.S. tourism promotional campaigns will start after the end of World Cup
+ "SeeAmerica.jp" will be renewed completely
+ Survey finds about 13 million people knew the campaigns in U.K.
*Narita South Wing of the 1st PTB opens with Star Alliance together
*Centrair achieved net profit much earlier than the initial target
*Centrair resulted in 8% reduction of passengers for April
*Narita marked 7% increase of foreigner arrivals for April
*Kansai marked year-on-year growth of international flight passengers
*EVA Airways officially announces beginning of Centrair-Taipei flights
*JTA enjoyed the highest operating revenue ever
*ANA still increased, but JAL still decreased domestic flight passengers