Cathay Pacific and LAN Peru announced (01-Dec-2010) a new codeshare arrangement effective 13-Dec-2010. The codeshare will put the "CX" code on LAN Peru services between Lima and two of Cathay Pacific's North American gateway cities: Los Angeles and San Francisco. At the same time, LAN Peru's "LA" code will be placed on Cathay Pacific services between Hong Kong and the two US gateways. The agreement will add Lima to Cathay's network and further enhance its coverage in Latin America. This is the fourth Latin American destination to be added to the Cathay Pacific network in 2010. [more]
Cathay Pacific and LAN Peru sign codeshare
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Their initial Dec-2016 codeshare announcement was, in practical terms, small but showed the possibility, as they stated, to expand cooperation. However, it would be a leap to go from their handful of codeshares to a 17-Jan-2017 article from Italian daily newspaper Il Messaggero that Etihad could invest in Lufthansa on the way to a possible merger between the two. A subsequent denial in a Reuters story that "A financial stake is out of the question at the moment", does little to dispel the rumour. Were it not for the last three words of that statement the rumour would lack credibility.
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China and Australia remove airline growth restrictions as China cautiously embraces open skies
China has agreed to liberalise passenger flights and remove capacity restrictions with Australia, its largest outbound long haul market after the United States. This is a relief to Chinese airlines, which face bilateral constraints in North America and Europe. The result is already evident as Chinese airlines deploy more capacity and larger aircraft to Australia.
In North American and European markets the local governments hold back on traffic right expansion (let alone open skies). But for Australia it was the Australian government, which signalled some years ago that it wanted to liberalise once China was ready – a time that has now come.
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