CAAC approves 36 additional cross-Strait services; Kingfisher shares gain
Shares of China Airlines and EVA Airways gained on Wednesday – up 4.1% and 3.8%, respectively – after China’s Taiwan Affairs Office confirmed CAAC approved up to 36 additional direct cross-Strait frequencies, to be operated by Taiwanese carriers, and is actively coordinating with respective parties in regards to a further nine additional frequencies awaiting approval.
