JAL AND IBM JAPAN BEGIN 10 YEAR IT PARTNERSHIP Friday 22 June 2001 PDF Print ...Largest outsourcing deal in Japanese Airline Industry... IBM Japan and Japan Airlines (JAL) will begin a 10-year information technology partnership valued at 80 billion yen ($US664 million) to IBM. JAL will outsource a wide range of systems development, operations and other services to IBM Japan beginning in July to strengthen its use of information technology to meet its corporate strategies and manage costs. IBM Japan will invest in and provide a number of its managers and engineers to JAL Information Technology Co., Ltd. (JIT), the IT subsidiary of JAL. This will merge IBM's leadership and experience in outsourcing in both the Japanese and global markets with JIT's know-how in the airline business and JAL operations. In addition, IBM Japan will provide JIT with marketing and technology expertise to enable JIT to grow external sales and profit. "In an era where IT is developing at a rapid rate, this partnership with IBM will allow us to develop new technology solutions that will drive customer satisfaction and help us meet our corporate strategy, while increasing the external competitiveness of JIT," said Mr. Katsuo Haneda, Senior Managing Director of JAL. Mr Teruo Shimizu, General Manager, IBM Global Services, Japan, said, "This outsourcing agreement is the largest of its scale for the Japanese airline industry. It combines the strength and knowledge of both JIT and IBM to provide long-term outsourcing services to JAL in a very cooperative manner. IBM is a leader in providing a broad range of products, services and integrated solutions to all segments of the travel and transportation industry, including such Asia Pacific leaders as Ansett Australia and Air New Zealand, Singapore Airlines, Cathay Pacific and Korean Airlines." Initially, JAL will take a 51% equity position in JIT, however after a transition period this will change to IBM Japan holding a majority equity position. The July 1 start date follows the signing of a basic agreement in January. The contract will be carried out by IBM's services arm, IBM Global Services. -ends- About JAL Japan Airlines and its affiliates, which together comprise the largest air-transport operator in Japan and Asia, serve a global network of 140 international and domestic locations in 31 countries. The JAL Group's core operations are in air transport and encompass hotel and resort management, in-flight meal catering, cargo, trading and logistics, information systems, credit card and leasing and temporary staffing. JAL inaugurated scheduled domestic air-transport services in October 1951. Fully privatised in 1987, the JAL Group today is one of the world's largest airlines. In FY2000, the JAL Group had record revenues of US$14.8 billion, with net income of US$332 million About IBM Global Services IBM Global Services is the world's largest information technology services provider, with nearly 150,000 professionals serving customers in 160 countries and annual revenue of more than $33 billion (2000). IBM Global Services integrates IBM's broad range of capabilities - services, hardware, software and research - to help companies of all sizes realise the full value of information technology. For more information, visit: http://www.ibm.com/services For further information contact: IBM Travel and Transportation Industry Richard Whitaker, (44) 20 8818 4339, email@example.com For IBM, UK Fenella Grey, (44) 20 7841 5487, firstname.lastname@example.org JAL Geoffrey Tudor Director, International Public Relations Japan Airlines, T: 81 3 5460 3109, Geoffrey.email@example.com Jonathan Batty/Nicky Morgan On Behalf of IBM Tel: 44 (0)1753 790700 E-mail: firstname.lastname@example.org/ email@example.com ______________________________________________________________________ Click on the link below to see this news release as it appears on the Brodeur News Room website and obtain full contact details. http://www.brodeurnewsroom.com/asp/release.asp?rid=1577&cid=... ______________________________________________________________________ Click the link below to login and update your company and subject preferences, or personal details. http://www.brodeurnewsroom.com/asp/login.asp ______________________________________________________________________ Click on the link below to have your login details re-sent to you. http://www.brodeurnewsroom.com/asp/forgot.asp ______________________________________________________________________ This press release was distributed by ResponseSource Press Release Wire on behalf of Pleon in the following categories: Consumer Technology, Personal Finance, Business & Finance, Computing & Telecoms, for more information visit https://pressreleasewire.responsesource.com/about.