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INFORMATION SERVICEO
1990-10-03 12:20 ESB GS
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$52 868 4673 P.05
VD JU
demand
16
questionable.
Indeed, if we are
prepared
to.
continue to put in
more and more
stringent restraints
traffic demand 88
to
reduce the excess air
suggested in case (c), we may
Kai Tak indefinitely. But
congested airport with highly
operations at a high level of charges
just as well keup
quite obviously a
restrictive
would not
Hong Kong
be
conducive to the well-being of the
economy, We will have much to lose by
maintaining an airport in such a state. The gist
of having a new airport is
should
have
outiicient
precisely that it
capacity to meet
unconstrained growth in demand for a considerable
length of time.
and
air
fares
unilaterally for
can
Furthermore, given that the operations of the air
service industry are bound by international
agreements, the extent to which airport charges
be adjusted upwards
the mere purpose of curtailing
growth in demand 10
rather limited. (In fact,
the possibility Of using the price mechanism to
regulate demand had also been explored in the Kai
Tak Consultancy Study. The conclusion was that
there were practical limits to the feasibility of
adopting such an approach.)
No comments yet.
Private notes are available after approval.