Air China is taking note of Air Macau's problems. And as I have said, Air China will likely push Taiwan to accept Air Macau doing some direct TAiwan/China routes.
ATW Daily News
Air Macau expects to be out of crisis via capital injection, aircraft leases
Thursday September 4, 2008
Air China subsidiary Air Macau plans to request a new capital injection from its stakeholders and lease three A320s/A321s to CA this month in order to alleviate its financial crisis, according to the
Macau Daily News. The amount of the cash injection will be determined soon by a stakeholders' conference. CA holds a 51% stake in NX, whose other stakeholders include TAP Portugal's SEAP investment fund (15%), casino company Sociedade de Turismo e Diversoes de Macau (14%), the Macau government and EVA Air.
CA has noted that it would extend "special aid" to NX, including its support in an effort to secure routes across the Taiwan Strait when CAAC allows scheduled service next July. NX reported a first-half net loss in excess of MOP200 million ($24.4 million). Passenger traffic fell 6.4% year-over-year to 1.38 billion RPKs and boardings were down 11.9% to 1 million. Load factor dropped 5.3 points to 70.5% and cargo volume plummeted 34.9% to 53,000 tonnes.
ATW Daily News