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TAIWAN SEES GROWTH IN EXECUTIVE AIR TRAVEL TO CHINA.
TAIPEI, March 1 Asia Pulse - Thanks to a brisk Chinese economy and anticipated direct charter flights across the Taiwan Strait, growth in Taiwan's executive air travel market is in sight, Civil Aeronautics Administration (CAA) officials forecast Wednesday.
The officials predicted promising prospects for Taiwan's executive air travel market in view of the fast expansion in Hong Kong and Macau business travel to and from China. The CAA has proposed exploring the market, they added.
The CAA conducted an opinion survey of top 500 local enterprises last year to explore the commercial aviation market potential. A total of 88 valid replies were collected.
Citing the results of the survey, the officials said that two of them expressed full willingness to use special executive jets for their business travel as long as the government gives a green light, while 49 companies said that they would "conditionally" consider the possibility.
Costs were the main consideration when 43 of the 49 companies willing to use special executive jets weighed the issue, the officials said. Twenty six enterprises said that they would think about the issue only when direct cross-strait air travel has been put in place, while 25 said that they would do so when regular commercial flights are ...
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Source: HighBeam Research, TAIWAN SEES GROWTH IN EXECUTIVE AIR TRAVEL TO CHINA.