Taiwan, China airlines team up on lucrative routes
Published on Jan 3, 2013 7:15 PM
TAIPEI (AFP) - Four major Taiwanese and Chinese airlines teamed up on Thursday to strengthen their services on lucrative routes carrying passengers between the former Cold War foes.
The alliance between Taiwan's top carrier China Airlines and its mainland counterparts China Southern, China Eastern and Xiamen Airlines was aimed mainly at frequent flyers, an important segment amid growing business ties.
The four carriers account for 270 weekly flights between China and Taiwan, or about half of the total market, the companies said in a statement.
"We believe the alliance should help China Airlines gain a competitive advantage over the long term," said Corinne Jian, an aviation analyst at Macquarie Capital Securities.
To continue reading, log in if you are a subscriber
If you are not a subscriber, you can get instant, unlimited access here