Cross-strait demand may bolster aviation industry
CNATAIPEI, Taiwan -- Increasing travel demand from both sides of the Taiwan Strait could help boost Taiwan's aviation industry, Tony Tyler, director-general of the International Air Transport Association (IATA), said in Taipei yesterday.
February 28, 2013, 12:01 am TWN
Taiwan could see passenger growth of 5.8 percent per year over the next five years, much of which could be attributed to surging Taiwan-China air traffic, Tyler said.
“I am confident that cross-strait traffic will continue to grow,” Tyler said during his first visit to Taipei in his current capacity.
Well-established passenger bases within the Asia-Pacific region, North America and the Middle East could help local airline operators generate profits, Tyler added.