Hoping to increase air passenger and cargo flow, Hong Kong and Taiwan officials signed a new aviation agreement focused on encouraging new airlines to enter the market.
Signing the dotted line earlier this week, the Air Services Arrangement came into effect immediately and would include no limit on the number of airlines permitted to fly on both sides.
Both parties also agreed to boost capacity by up to 28 flights per week on each side and include another seven flights per week from 2012.
Airport Authority of Hong Kong chief executive Stanley Hui Hon-chung explained that the arrangement would prompt further relations between the two countries through tourism, cultural exchange and business.
“The increase in cargo capacity is particularly notable, with a strong increase of more than 70% to 3,000 tonnes per week for each side by summer of 2012,” Mr Hui said.
“In addition, the arrangement allows new airlines to operate services between Hong Kong and Taiwan, which will translate into more choices of airlines and flight frequencies for passengers.”
A Cathay Pacific spokesperson concurred, adding that the carrier was always keen to add extra services between the two regions.According to the Airport Authority of Hong Kong, passenger capacity will increase from 170 to 205 flights per week by summer of 2012 between Hong Kong and Taiwan.
Source = e-Travel Blackboard: N.J