No communication from Jet-Kingfisher: DGCA

Kapil Kaul, CEO, Centre for Asia Pacific Aviation, however, feels the execution of the alliance looks a little difficult given the fact that both companies have recently been busy in integration activities of their own. "Kingfisher has just gone through a merger with Deccan. And the entire merger between Kingfisher and Deccan and the logistics of that merger are not really complete, as of now. And they recently announced Kingfisher Red as a new brand," Kaul said, adding that getting the execution of the pact is an issue.

"Jet and Jetlite are going through their own integration issue and trying to create one common back and then collaborating for their synergies will be an issue as well. On top of it, you have collaboration between these two companies. So, as far as the ground reality is concerned, I find it is deeply complex and I think a very difficult alliance to carry forward," Kaul said.

On the benefits of the pact when it goes through, Kaul added, "Both operate domestically with very different fleet and I think it would be a major cost-cutting additive." There would be cost reduction by way of common distribution and ground handling, he said. "There could also be sharing of infrastructure. There could possibly be a marketing and frequent-flyer tie-ups. All those benefits are going to be there," Kaul added.