Originally Posted by
kiwiandrew
It is a long time since I have seen speculation about MU joining OW , recently most of the speculation seems to revolve around Skyteam ( indeed there are many reports that they were about to sign up with Skyteam in the middle of last year and only put the process on hold to concentrate on the takeover of FM ) ... have you seen anything recently to indicate that they might be considering OW ?
- CA holds 11% of MU stock. Given cross shareholding with CX and concurrent action during SQ attempt to get MU shareholding, any decision to join ST will be vetoed/obstructed by CX;
- CX has agreement with MU to help train their FA. AFAIK it has not been cancelled nor renegotiated with CZ;
- CAAC is and remains silent on the matter, and they are the only ones whose decision counts.
Granted, these are old news, but are the ones established so far.
The reports, or more accurately
speculations about MU joining ST revolves around phrases quoted from chairman Li, and are pretty recent. Discounting the drivel coming out regularly, such as "they are going to announce membership next week", there is any reliable news that points to an imminent decision by CAAC on the matter?