New aviation agreement inked by Taiwan and Macau promises fresh opportunities

Open skies agreement inked by Taiwan and Macau

An open skies agreement between Taiwan and Macau took off on 30th October.With the open skies agreement between Macau and Taiwan coming into effect, Macau Civil Aviation Authority (AACM) and Taiwan’s Civil Aeronautics Administration expect airlines from both sides to take advantage of the agreement, which sets no limits on frequency or capacity of flights.

AACM president Simon Chan Weng Ho said Macau’s aviation market is quite stable, quoting typical percentages as one third from Taiwan, one third from Mainland China and one third from elsewhere in Asia. Taiwan’s current market share has dipped below 30 percent but he believes that with the new open skies pact more diversified services will emerge, including regular air charter.

In another development, next year Macau will host the Airports Council International (ACI) Asia Pacific Small and Emerging Airports Seminar. Macau International Airport Company Limited (CAM) has announced that following Macau International Airport’s participation in this year’s seminar, Macau will host the 2015 ACI Asia Pacific Small and Emerging Airports Seminar. It is believed that the event will be a golden opportunity for airport members to meet and exchange ideas with fellow colleagues and business partners from the region on key challenges facing small and emerging airports in the aviation industry. This platform particularly enables Macau to fortify its aspirations as a World Centre of Tourism and Leisure.