Wed, Jul 27, 2011 - Page 12 News List

TransAsia sees surging sales on charter flights

NEW ROUTES:The carrier will launch charter flights between Hualien and Zhengzhou in China next week and it recently restarted flights to Japan

By Amy Su  /  Staff Reporter

TransAsia Airways (復興航空) expects revenues to continue growing in the third quarter with the launch of more routes for direct charter flights this month and next, the company said yesterday.

The international carrier will launch charter flights between Hualien and Zhengzhou, the capital of China’s Henan Province, on Monday, with one flight per week, the company said, adding that it had already started weekly charter flights between Hualien and Hefei, the capital of Anhui Province, on Wednesday last week.

“These flights will be more convenient for local passengers living in the eastern part of Taiwan and will also help the company attract more Chinese passengers interested in visiting Hualien or Taitung,” a company public relations specialist, who declined to be named, said by telephone.

Besides charter flights to China, TransAsia recently restarted charter flights to Japan. On Monday, the carrier commenced flights between Taiwan Taoyuan International Airport and Kushiro Airport in Hokkaido, following its earlier resumption of flights to Hakodate and Asahikawa, also in Hokkaido, in May, the company said.

The carrier expects the expansion of charter flights during the summer vacation to drive up revenues in the third quarter, the specialist said.

Charter flights accounted for about 10 percent of the company’s overall revenues.

TransAsia posted NT$4.07 billion (US$141.14 million) in revenues in the first half of this year, up 5.01 percent from a year earlier, company data showed.

Net profit totaled NT$130.41 million in the first quarter, or earnings of NT$0.27 per share, data showed. The company has not yet released second-quarter results.

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