In the past year +/-, Cathay Pacific has partnered with Air Canada, Lufthansa+Swiss+Austrian, and Air New Zealand; *A member Air China is also one of its largest shareholders.

At the same time American Airlines recently purchased a stake in CAN-based Sky Team-member China Southern.

Given that HKG+CAN are proximate, these changes imply an alliance shift for CX. Not to read too deeply into the tea leaves..but any bets in terms of when?