Reeling under a financial crisis, both Kingfisher Airlines as well as Jet Airways today broached a possible alliance to overcome their problems, largely generated by mounting fuel bills.
Kingfisher chief Vijay Mallya walked into the corporate head office of Jet at S M Centre in Andheri to discuss the issues of common interest with Naresh Goyal, as both the airlines are losing an estimated up to Rs 20 crore a day.
When contacted, a Jet spokesperson said: "Yes, Mallya and Goyal have met today."
Asked if the two sides are working towards an alliance to handle the financial pressures, she said: "I would not like to comment on anything at this juncture."
She also declined to take any question on the possibility of a merger discussion between the two corporate leaders.