AirAsia and Jetstar Airways will announce a far-reaching joint venture Wednesday that will involve a host of backroom functions and joint purchasing, although it is unclear if codesharing will be included in the partnership. Sources in Malaysia confirmed the pending announcement to ATWOnline and said the cooperation between the region's two largest LCCs will be extensive and will help both carriers contain fares and benefit from economies of scale. The unveiling in Sydney will be the ...

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