Japan's MLIT stated (09-Sep-2011) it would commence aviation talks for an open skies agreement with Canada in Vancouver on 13/14-Sep-2011. With the exception of the US, this will be the first open skies negotiations with a country outside east Asia and the ASEAN group, with which MLIT has almost completed conclusion for agreements.
Japan to commence open skies talks with Canada
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North Asia’s aviation gradually breaks with tradition but a legacy mindset persists
To appreciate the change in North Asian aviation, consider the number 25. China Eastern Airlines in Sep-2014 unveiled a new brand – its first in 25 years – that is designed to convey modernity and an internationally minded approach to coincide with significant long-haul growth. Taiwan last certified a new airline about 25 years ago, but by the end of 2014 expects to certify two new ones.
LCCs can reverse Japan-Hong Kong tourism decline, and grow Hong Kong visitors to Japan
The Hong Kong-Japan market will be 16% larger in Mar-2015 than a year prior. The market had experienced relatively flat performance earlier this decade, but a series of factors is changing the market. Japanese tourists to Hong Kong long outnumbered Hong Kong visitors to Japan, but the weakening yen is allowing Hong Kong visitors to Japan catch up to Japanese visitors to Hong Kong. The Hong Kong to Japan market has a leisure orientation, and fares are often lower than those ex-Japan. Growing LCCs can help meet Hong Kong demand and rejuvenate the Japanese market. LCCs are projected to comprise 19% of the Japan-Hong Kong in Mar-2015.
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