China Eastern Airlines Chairman, Liu Shaoyong, stated the carrier is open to strategic overseas investment (Bloomberg/Reuters, 24-Nov-2009). The carrier will consider potential investors’ membership in the global airline alliances in deciding on a partner, according to Mr Liu. China Eastern is aligned with oneworld, although not a member, while Shangai Airlines belongs to the Star Alliance, so any partner would most likely be Star or oneworld aligned. In 2007, Star Alliance member Singapore Airlines made an unsuccessful attempt to buy a 25% share in the airline, when it was thwarted by Beijing and Air China, also part of Star.
China Eastern seeks strategic overseas investors, alliance membership
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Although market expansion was slow in the first part of 2016, so too was capacity. Yet this changed in Jul-2016 as capacity increased more quickly, perhaps as airlines expected a stronger summer. Despite slow passenger growth, dynamics are highly varied – except for yield declines. The combined RPK growth of IAG (7.2%) Cathay Pacific (3.7%) and Finnair (8.7%) was not enough to offset the contraction of the largest airline in the market, AF-KLM (7.9%).
From the reported geographic data by all major airlines, load factors are falling.
Oslo Gardermoen Airport seeks Asian flights to leverage tourism to Norway; perhaps the new Iceland
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This is a juxtaposition to Norway's strong credentials: maritime and gas businesses, a wealthy population (much more so than Finland's) for outbound travel, and untapped year-round tourism opportunity – not just for Oslo but for all of Norway, from fjords in the summer to northern lights in the winter.
New management at Oslo airport wants to regain the initiative in Asia. Norway has the credentials to follow Iceland's sudden rise in tourism, especially from China. Management is considering foreign airlines, since SAS is in low-growth mode and has historically favoured Copenhagen, and Norwegian Air Shuttle lacks US approval for the NAI license it seeks – but perhaps more importantly is unable to access Russian overflight rights.