*Hankyu has begun studying FIT products for baby boomers

Hankyu Express International, Director, Managing Executive Officer, Ichiro Namai revealed at an interview with the Wing Travel Weekly, “I think baby boomers tend to prefer individual travel to conventional group travel. We have already begun studying FIT products for baby boomers to meet new demands.” At the same time, Hankyu keeps making efforts for further growth of Trapics, the core package tour brand. The travel company will probably create new Trapics products suitable for FIT.

This Week Headline
*Hankyu has begun studying FIT products for baby boomers
+One million overseas travel customers are an immediate goal
+Internet selling is an effective channel for new and young customers
*Operating margin on billing marked the highest for the past decade
+JATA Chairman inspires the industry to develop active business
*The overseas travel market for baby boomers has already begun growing
+Haneda largely increased Japanese departures
*Centrair achieved the initial passenger goal for the first year
*Narita continued reducing Japanese passengers on international flights
*Kansai decreased international flight passengers for January
*Transport Minister is concerned about the JAL’s confusion
*JAL still decreased domestic passengers for January
*J-Air marked 30% increase of passengers at Nagoya Airport

*JAL Managing Directorscall for its CEO's resignation

It was reported on February 15 that four Managing Directors of JAL Group have called for resignation of JAL President and CEO Toshiyuki Shinmachi, Executive Vice President Katsuo Haneda and Senior Managing Director Hidekazu Nishizuka to take their responsibilities for aggravation of the business. However, Shinmachi quickly refused the demand and has requested them to devote themselves to their own duties.

This Week Headline
*JAL Managing Directors call for itsCEOÉÜs resignation
*ÉÇCruise Year 2006" will start in full swing in March
+Focusing on baby boomer generation as a main target
*KNT will market new product series for baby boomers
+Consulting functions will bemore important at retail shops
*Myanmar emphasizes to increase Japanese tourists
*Kobe Airport opens with 24 flights daily
*Kobe hopes to accept international business jets
*New flight plans are announced one after another
*ANA and Asiana extend code-sharing agreement
*SKY has revised downward its FY2005financial outlook again

*Club Tourism is offering new services to baby boomers for deeper communications

Club Tourism Chairman and CEO Hideo Takahashi said at an interview with the Wing Travel Weekly that the travel company will start innovative services for baby boomers, placing 2006 as a year to consolidate thebusiness toward full-scale retirement of baby boomers in 2007. For innovative services, Club Tourism has already launched a business development section on January 1 this year. It will start a financial service as a securities intermediate business as early as May this year and is planning to start a new service to support retiringbaby boomers for reemployment next year.

This Week Headline
*Club Tourism is offering new services to baby boomers for deeper communications
+Proposing value experiences or exchanges of experiences to Golden Ages
+Propelling "Club 1000"concept
*Rakuten Travel will soon release its dynamic packages
+Business scale of international air ticket selling is expanding
*HKTB targets 1.43 million Japanese visitors for 2006
*JAL further scales down its international passenger flights for turnaround
*JAL suffered from loss of profit for the first nine months of FY2005
*JAL completed the first step to join Oneworld
*JAL air transport result

*Discussion begins in earnest toward Japan-Thailand Tourism Promotion Year

Pracha Maleenont, Minister of Tourism and Sports of Thailand, and Juthamas Siriwan, the Governor of Tourism Authority of Thailand (TAT), visited Japan in early February to join "Thainess to the World"event in Sapporo. Minister Maleenont has proposed to place 2007 as "Year of Japan-Thailand Tourism Promotion" in accordance with the 120th anniversary of friendship between both nations.Accepting the proposal, the Ministry of Land, Infrastructure and Transport, the counterpart of Japan, will soon begin working-level discussions with TAT.

This Week Headline
*Discussion begins in earnest towardJapan-Thailand Tourism Promotion Year
+Phuket appeals golfing, health and local cuisines as tourist attractions
*Hawaii seeks quality rather than quantity in the Japanese market
+Four focal categories for expansion of SIT
*ANA Hello Tour is seeking higher quality in its new package products
+Improving product quality for each destination
*ANA targets large increases of revenue and profit under the new midterm plan
*ANA to revise upward its financial outlook for FY2005
*ANA and Japan Post will launch a new joint venture for cargo operation
*JAL and SKY tie up for code-sharingflights on Haneda-Kobe route
*Flight connections are growing at Centrair
*Centrair still increased international flight passengers
*Narita passengers for 2005 reached more than 31 million