MELBOURNE: AirAsia says its alliance with Qantas Airways' subsidiary, Jetstar, could potentially generate costsavings worth hundreds of millions of dollars and result in lower fares.
Under the alliance formed in Sydney Wednesday, Jetstar and AirAsia would explore opportunities to jointly procure next generation narrowbody aircraft, cooperate in passenger handling in Australia and Asia, pool aircraft components and spare parts and jointly acquire engineering and maintenance supplies and services.
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