Virgin, AirAsia, EastJet to pact for long flights

Three of the world’s popular budget airlines, including Richard Branson’s Virgin, are in discussions to form a Malaysia-based long haul airline joint venture company which would offer very low fares.

Branson is in discussions with AirAsia’s Tony Fernandes and EasyJet’s Stelios Haji-Ioannou to form an alliance to produce what will be the world’s first low-cost global network, The Star newspaper reported.

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