Fri, Sep 13, 2002 - Page 11 News List

CAL sees brighter days despite May crash

STILL AIRBORNE Stronger cargo yields and lower financing costs have bolstered the airline, despite an as-yet-unexplained crash earlier this year that killed 225 people

By Richard Dobson  /  STAFF REPORTER

While passenger loads at CAL fell, the numbers at its arch rival EVA Airways increased dramatically in the same period hitting 85 percent to 90 percent compared with the industry average of around 70 percent to 75 percent, according to company data.

EVA's encroachment on China Airline's capacity along the major-earning routes to Tokyo and Hong Kong and the lingering impact of the crash is seen by Credit Suisse as damaging to the carrier's profitability in the second half.

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