The immediate cost savings will be in fuel purchases, maintenance, sharing of aircraft engine spare parts and ground handling in the Asian markets both carriers operate. It will initially take months from the signing of the to see but is achievable every year thereon," Buchanan said After a year of talks, the parties forged the first such alliance in the low-cost carrier (LCC) industry to reduce cost and pool resources. A key component of the agreement is its ability to influence aircraft makers to manufacture robust planes that suit LCC specifications