Originally Posted by
CXBA
CA has a 12% hold on MU and it can oppose or block any deals it does not like, as it did less than two years ago with SQ. CX also has shares in MU and most likely they will not let it go unless they are some concessions to be made (for instance establishing a KA hub in PVG with connections to second tier cities)
If Dragonair would ever operate routes out of PVG other than HKG that would be great news. But then Air China should probably be given a majority share in order to please Beijing?