Qantas low-cost subsidiary Jetstar Airways and Kuala Lumpur-based AirAsia yesterday unveiled an alliance that will bring together the Asia/Pacific region's leading LCCs, allowing two carriers with combined annual turnover exceeding $3 billion to reduce costs, pool expertise and maintain lower fares. Key to the agreement, which the airlines said was the first of its kind, is "a joint specification for the next generation of narrowbody aircraft," according to AirAsia CEO Tony Fernandes. ...

Subscribe to Access this Entire Article

"AirAsia, Jetstar unite to suppress costs, shape next-generation narrowbody" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.