Dragonair launches Taipei-Hong Kong services.

(From China Post)

Dragonair, the Hong Kong-based air carrier, has begun its Taipei-Hong Kong passenger and freighter services yesterday, with CEO Stanley Hui predicting a 40- to 50-percent revenue increase by the end of the year as a result of the new flights.

"After years of effort, the Taipei-Hong Kong services finally began," Hui said at a cocktail party celebrating the launch. "They represent Dragonair's continued efforts to promote economic, trade and culture activities between Taiwan, Hong Kong and mainland China."

Although the golden route generating US$770 million a year is being serviced by five other airlines under a new air pact, Hui …