A counterpoint assessment of Vancouver international airport as a gateway to North America

✍ Scribed by J. Scott Mathews

• Publisher: John Wiley and Sons
• Year: 1999
• Tongue: English
• Weight: 492 KB
• Volume: 41
• Category: Article
• ISSN: 1096-4762
• DOI: 10.1002/tie.4270410304

✦ Synopsis

The essential issue here is does the trans-Pacific market need a hub at Vancouver, and if so, can Vancouver position itself to meet that need. Critical to arriving at an appropriate answer will be understanding the changing trans-Pacific market, the applicable regulatory environments, the airlines in the market, and the competing hub airports. Although Vancouver's location and its history place it in a favorable position, success is far from a foregone conclusion. 0 1999 John Wiley & Sons, Inc.

VIEWS ON THE TRANS-PACIFIC MARKET

Just five years ago the airline industry foresaw a brilliant future when examining transpacific travel. Although some observers expressed concern about Japan's need for financial reform, doubledigit GDP growth in the People's Republic of China (PRC) and consistent high growth in Singapore, Indonesia, and Malaysia assured most airlines of the market's potential. To be sure growth in Asian air travel was forecast at as much as 10 percent per year, while European and trans-Atlantic growth rates were thought to be around 4 percent.