In Reply to: Jetstar and Air Asia..... posted by Baldie on Friday, 18. December 2009 at 10:09 Bali Time:
From "The Australian"
"JETSTAR and AirAsia are about to announce an operational joint venture that could save hundreds of millions of dollars by enabling them to jointly buy aircraft, parts and other goods.
Combining procurement for the two fleets will give the carriers more clout to cut deals with suppliers, The Australian reports.
The two airlines also plan to share ground handlers in ports where one partner faces higher costs because it does not have enough flights.
The two airlines would still compete for passengers and the deal does not involve equity.
It is understood the region's two biggest low-cost carriers have been talking for some time and are working out final details of the deal.
Areas expected to be included in the agreement are procurement and ground handling, with costs savings in the order of 5-10 per cent."