By Asia Editor, Will Horton

It is a week of new beginnings – and false starts. Korea has given business licenses to three new airlines, two regional LCCs and one a long-haul airline. HK Express may have a new life under a Cathay Pacific investment. Qantas and Spring Airlines were also interested, posing regulatory questions.

Korean Air is showing strong results from its Delta JV only seven months in. But shareholder activism is a concern for management.

HK Express sister Hong Kong Airlines needs a new beginning but viable options seem few.

Thailand and Indonesia saw the start and end of domestic consolidation talks.