Happy New Year, everyone!

Tomorrow, AirAsia and Jetstar are about to announce a new joint venture that would help them to save costs. There is still little information about what they plan to do, with the usual sources remaining rather tight-lipped. What we know is that it will likely involve some cooperation on routes and maybe ground services.

No matter what happens, a tie-up between the two will be a pretty significant deal. These are two of the largest low-cost carriers in Asia and it will be a significant threat to their competitors if they decide to work even more closely with each other.

Closer cooperation between AirAsia and Jetstar will be a pretty big deal in the regional airline industry.
source: flightglobal