Cross-strait demand may bolster aviation industry


CNA

TAIPEI, 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.

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.