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CHINESE AIRLINE GROUP GETS ROUTE TO TAIWAN BY ACQUISITION.

AsiaPulse News

| February 01, 2008 | COPYRIGHT 2008 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

TAIPEI, Feb 1 Asia Pulse - A China-based airline group has indirectly obtained the right to fly its planes to Taiwan through acquiring a Hong Kong-based airline company, according to an Executive Yuan internal assessment report.

Currently, there are no direct air transport links between Taiwan and China, except for charter flights operated during three major festivals to carry China-based Taiwanese businessmen back home for family reunions.

According to the Cabinet report, Hong Kong Express Airways - which was recently purchased by Grand China Airlines Holdings Co. based in China - had previously been granted the right to operate charter flights between Hong Kong and the central Taiwan city of ...

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Source: HighBeam Research, CHINESE AIRLINE GROUP GETS ROUTE TO TAIWAN BY ACQUISITION.

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