1990-16-03
0.1.5
P.07-09
demand is
questionable.
Indeed, if We are
prepared
to
continue
to
put in more and more
stringent restraints
to
reduce the excess air
traffic demand as suggested in case (c). we may
just as well keep
Kai Tak indefinitely. But
quite obviously a congested airport with highly
operations at a high level of charges
restrictive
would not be conducive to the well-being of the
economy. We will have much to lose by
Ilong Kong
maintaining
an airport in such a state. The gist
of having હ new airport is precisely that it
should
have
sufficient
capacity
to
meet
unconstrained growth in demand for a considerable
length of time.
Furthermore, given that the operations of the dit
service industry are bound by international
agreements, the extent to which airport charges
can be adjusted upwards
the mere purpose of curtaliing
and
air
unilaterally
fares
for
growth in demand 1S
the possibility
of
rather limited. (In fact,
using the price mechanism to
regulate demand had also been explored in the Kal
Tak Consultancy Study. The conclusion was Chat
there were practical limits to the feasibility of
adopting such an approach.)