Tim Yuan-Hung Ting: TTIA is the largest airport in Taiwan and the main international gateway to the country. It's also the third-largest airport in north-east Asia for international traffic, and its strategic location allows passengers to reach Asia's five largest airports within 175 minutes. In addition, TTIA has a welldeveloped regional Asian network, including 54 cities in mainland China, more than 20 cities in Japan, and a strong presence from local carriers China Airlines and EVA Air.
The airport currently offers passenger and cargo services to more than 165 destinations in 34 countries, and has open-skies agreements with the US, Thailand, Malaysia, Singapore, Vietnam, Japan, South Korea, Australia and New Zealand, which are fundamental markets in Asia.
TTIA's geographic position makes it the most suitable and convenient hub to connect north-east Asia with South East Asia; North America with South East Asia; and Oceania with Europe. Taiwan welcomed 10.7 million overseas visitors in 2017, with a compound annual growth rate of 11% in the past five years.
TTIA has developed several new routes in its short-haul and long-haul network. Some airlines, which previously had operated at TTIA, pulled out due to political issues. Now, with great market potential and high traffic demand, Air Canada, Air France and Air New Zealand have returned to Taiwan.
Local airlines aiming to expand their network not only in the regional market, but also in Europe and North America, have developed their routes. For instance, since 2015, EVA Air has opened routes to Houston and Chicago, with a route to Chiang- Mai due to open soon, and China Airlines began operating flights to London Gatwick in December 2017, and has recently opened a route to Ontario.
Given that 90% of TTIA's current traffic is in Asia, the shortterm aim is to improve network diversity. TTIA is targeting new connections to secondary cities in the Asia region, especially in South East Asia, to support the government's New Southbound Policy. TTIA would also like to strengthen connections with toptier cities in Australia and the US by increasing the frequency of flights or working with airline partners.
Our long-term aim is to develop more long-haul routes in our gap markets, such as Europe, the Middle East and South Asia, and also to increase transfer traffic on Europe to north/South East Asia, Europe to Oceania, and North America to South East Asia flows.
TTIA now offers marketing support and a new destination incentive programme to airlines in order to promote the opening of new routes, and to encourage new airlines to operate at TTIA. In terms of marketing support, new entrant airlines or existing airlines launching new routes will get a one-time free-of-charge marketing exposure package and inaugural flight event support. The new destination programme offers discounts on the landing charge and the boarding bridge charge. A one-year 50% discount on the landing charge will be provided to all new destination flights. If new destination flights are also red-eye flights, a 50% discount on the boarding bridge charge will be offered on a flight basis.
TTIA is currently working on the expansion of Terminal 2, which will add a capacity of five million per annum. The airport also provides in-town check-in and self-bagdrop services at Taipei Main Station. TTIA has a third terminal under construction that is set to be finished before 2022, and it is planning to build a third parallel runway, targeted to open in 2025.