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CONFIDENTI AL
4. CPA HAVE APPROACHED US WITH FAIRLY OBVIOUS QUERIES REGARDING TRAFFIC RIGHTS. ALTHOUGH THE ADDITION OF A DAILY 747 TRANS- PACIFIC SERVICE WOULD BE TO THE BENEFIT OF HONG KONG
GENERALLY, WE ARE WARY OF THE VERY COMPLEX ARRANGEMENTS WHICH WOULD BE REQUIRED TO INTRODUCE THE SERVICE PROPOSED BY SIA.
5. CPA ARE CARRYING OUT AN ECONOMIC ASSESSMENT OF THE
PROPOSAL. WHEN THIS HAS BEEN DONE WE WILL COMMUNICATE WITH YOU AGAIN, AND AT THAT STAGE WE COULD EXAMINE THE TRAFFIC RIGHTS PROBLEMS. OUR INITIAL REACTION IS THAT WE DO NOT SEE THE PROPOSAL AS AN ADVANTAGEOUS DEAL FOR CPA.
ROBERTS
FILES MAED SEAD HK & GD MR BURROWS MR CORTAZZI MR MURRAY
[COPIES SENT TO CAD/DOT]
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CONFIDENTIAL
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