It will be a good development if they join Star Alliance.
For takeover, there may be too complicated & delicate because there are too many BIG shareholder having a stake in this airline. Whoever initiate a takeover will trigger other to counter -bid, it will be a costly affair. As a minority shareholder like us, we hope someone pull the trigger....
Irregardless of what happened, i still do think it's a good time to slowly accumulate on this one at this LOW price unless you think it will get worst than current.
Watch for the Volume......