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SYDNEY: The world's first budget airline alliance was forged yesterday between AirAsia and Australia's Jetstar to pool resources and expertise, procure new aircraft and revenue-sharing deals which could lead to cost savings of between A$200mil and A$300mil annually.
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.
A bizzare bet is on between Datuk Seri Tony Fernandes, who is confident his team can beat Virgin Racing on the F1 circuit and he can get the irrepressible adventurer, Sir Richard Branson, to serve coffee on board an AirAsia flight.
KUALA LUMPUR: Malaysia's Team Lotus F1 has picked veteran Formula One driver Jarno Trulli and Finland's Heikki Kovalainen as drivers for its debut season next year.
Malaysia's Team Lotus F1 has named Italian Jarno Trulli and Finland's Heikki Kovalainen as its drivers for its debut in Formula One next year.
PETALING JAYA: A rebound in passenger air travel including premium travel in many markets globally is evident but airlines are not likely to rush to add capacity as uncertainties over the sustainability of the global economic recovery and worries of the Influenza A (H1N1) pandemic still looms.