China-Taiwan Route to Get Budget Carrier

Article Excerpt

BY JOANNE CHIU

SHANGHAI?China's Spring Airlines Co. is set to become the first budget carrier to operate flights between China and Taiwan, an increasingly congested but highly lucrative market thanks to booming tourism demand from mainland Chinese.

Spring Air, the nation's biggest low-cost carrier, will begin flights between Shanghai and the southern Taiwanese port city of Kaohsiung in August, with Shanghai-Taipei service starting before the end of this year, Chairman Wang Zhenghua told The Wall Street Journal on Tuesday.

"Taiwan is a key tourist market for Chinese travelers these days, so I believe the new routes will be become profitable for us soon," ...

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Source: http://online.wsj.com/article/SB10001424127887323829104578623143619979034.html?mod=rss_about_china

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