Air Asia CEO Tony Fernandes (C), Qantas CEO Alan Joyce (R) and Jetstar CEO Bruce Buchanan pose for pictures after a news conference in central Sydney January 6, 2010. Jetstar, the budget airline owned by Australia's Qantas Airways Ltd, and Malaysia's AirAsia will form a non-equity alliance to cut costs, a sign that even budget airlines were feeling the burden of the aviation industry downturn. REUTERS/Daniel Munoz (AUSTRALIA - Tags: BUSINESS TRANSPORT)