While Japan and Taiwan have had essentially an openskies agreement in place since 2011, the agreement had excluded Tokyo.
Per the Taiwan CAA, Japan has now decided to lift the current 130-weekly flight frequency restriction with immediate effect for the IATA S13 schedule period.
With the lifting of flight limitations on Tokyo, it is believed the door will open for lower prices and entry of new low-cost carriers.
TransAsia Airways and AirAsia Japan are reportedly planning to launch a new flight service between Taipei and Tokyo, while Singapore's Scoot is said to be planning to increase its own single daily flight.
[Edited 2013-03-27 09:03:42]