Malaysia Airlines chief executive Idris Jala floated the idea of IATA becoming involved in joint fuel buying to help carriers achieve better economies of scale at the association’s annual meeting in Paris. IATA chief Giovanni Bisignani said that there are legal constraints on the association performing such a task, but pointed out that the global airline alliances are working on joint fuel buying and that this was the better way forward. The Arab Air Carriers Organisation has also been active on joint fuel buying on behalf of its members.
Source: Airline Business