Jet, Kingfisher Airlines form Strategic Alliance:
In the first of its kind in the Indian aviation industry Jet airways and Kingfisher airlines have entered into a strategic alliance to fight back the financial crisis being faced by the global economy. In the current situation the airlines have come together on a common ground to work together with regards to fuel management, ground handling, sales and staff as well as rationalise network and crew.
The Civil Aviation Ministry has allowed Deccan, in which Kingfisher Airlines has a substantial stake, to operate seven flights a week between Bangalore and London (Heathrow). As per both airlines there is no equity implications in this alliance. This alliance is similar to global alliances such as One World, Sky Team, and Star Alliance. This move is not a cartel but a move to save costs. According to both airlines this alliance will result in substantial cost saving and both airlines have collaborated on a long term perspective.
The global aviation industry is facing a financial crunch and this alliance should be beneficial to the end consumers as well. Further discussions and deliberations will be taken forward by both airlines at the up coming airshow in Hyderabad.
Air Deccan | AirDeccan Tickets on Mobile Phones | Book Air Deccan Tickets | Tele Check In | Ticket Reservation | How Deccan simplifies flying |Kingfisher Airlines | Domestic airlines in India | Cancellation by Deccan | Make My Trip | Air Deccan Routes
