The rumours of such "genlemens agreements" have been around since say, Max was a boy!
Last time around there was frantic correspondence between the REX Chief Pilot and his Jetstar counterpart. Rumor has it they are/were perhaps, mates. The only thing that stopped that little episode from becoming terminal for REX, was the GFC. And of course Jetstar's insane hireing practices!
Di_Vosh is right. These guys might think they have each others back, but at the end of the day they are as ruthless towards each other as they are to their own pilot groups.
