The Star Alliance, as part of its new strategy to start joint business ventures to drive down costs, is exploring the formation of a joint fuel organization. In a briefing for reporters in Tokyo before the group's semi-annual chief executive board (CEB) meeting, CEO Jaan Albrecht said a joint fuel company could drive down unit costs across several carriers. While it is early in the development process, Albrecht said there are several options for the fuel company. It is possible ...
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