Star Alliance creates Fuel Purchasing Entity

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Star Alliance creates Fuel Purchasing Entity

*Travel News Asia*	*8 December 2003*

The chief executives of Star Alliance announced Saturday the foundation of a joint company to manage the procurement of jet fuel at selected airports around the world.

On behalf of the Chief Executives of all 15 member airlines, Yoji Ohashi, President and CEO of ANA, describes the decision as "a further step on our way to make use of the full potential of global collaboration. Our members' collective wealth of experience in the field of the fuel supply will enable us to efficiently manage the single most important raw material for our business."

"Star Alliance FuelCo" will start its operation as an American-based company in 2004.

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