Wednesday February 15, 10:38 AM
HK PRESS:HK Carriers May Get OK To Fly Overseas Via China
HONG KONG (Dow Jones)--Hong Kong airlines may soon be allowed to fly to other countries via cities in mainland China, giving them access to the country's lucrative market for international flights, the Chinese-language Wen Wei Po reported Wednesday.
Citing an industry source, the report said the General Administration of Civil Aviation of China will soon introduce a number of "progressive liberalization measures," which include offering fifth-freedom rights to Hong Kong-based airlines in an unspecified number of mainland Chinese cities.
Fifth-freedom rights allow airlines to carry passengers to one country and then fly on to another, rather than having to return to the country of origin. Hong Kong is considered a separate jurisdiction from China under international aviation agreements.
Hong Kong airlines including Cathay Pacific Airways Ltd. (0293.HK) and Dragon Airlines Ltd. have applied to the Chinese authorities for fifth-freedom rights, the source said, according to the report.
The person said Cathay Pacific would be the first airline to be granted fifth-freedom rights for cargo flights. Rights for passenger services would be liberalized at a later stage, the report said.
Newspaper Web site: http://www.wenweipo.com
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