EVA Airways Corp (EVA, 長榮航空) plans to phase out its Boeing 747-400 aircraft in three years as it aims to build up a newer fleet to raise safety and energy efficiency.
The nation’s second-largest carrier is planning to order more B777-series aircraft and Airbus SAS’ A321 planes, and even B787 Dreamliner jets, to replace the B747s, EVA chairman Chang Kuo-wei (張國煒) said yesterday.
“The next step for the company is fleet replacement and upgrade,” Chang told reporters after a press conference to announce its formal entry into the Star Alliance.
The average age of EVA’s fleet is eight to nine years, he said.
The airline is aiming at a fleet with 35 B777-series passenger and cargo planes, Chang said. It now has 15 B777-300ER aircraft, with another seven on order.
EVA plans to order 10 more A321-series aircraft for regional and shorter routes, moving away from the four A321-200 planes it now operates and the 14 more on order.
The fleet upgrade may take five to 10 years to complete, with B787 Dreamliner jets for long-haul routes in the long run, Chang said.
EVA will start integrating routes with its 27 peers in the Star Alliance now that it is a member.
“The move may help us save resources and raise business efficiency,” Chang said.
Instead of increasing routes, the airline will concentrate on the frequency of its higher-profitability cross-strait flights to enhance its niche and advantages in the Star Alliance, he added.
GROWING OWINGS: While Luxembourg and China swapped the top three spots, the US continued to be the largest exposure for Taiwan for the 41st consecutive quarter The US remained the largest debtor nation to Taiwan’s banking sector for the 41st consecutive quarter at the end of September, after local banks’ exposure to the US market rose more than 2 percent from three months earlier, the central bank said. Exposure to the US increased to US$198.896 billion, up US$4.026 billion, or 2.07 percent, from US$194.87 billion in the previous quarter, data released by the central bank showed on Friday. Of the increase, about US$1.4 billion came from banks’ investments in securitized products and interbank loans in the US, while another US$2.6 billion stemmed from trust assets, including mutual funds,
AI TALENT: No financial details were released about the deal, in which top Groq executives, including its CEO, would join Nvidia to help advance the technology Nvidia Corp has agreed to a licensing deal with artificial intelligence (AI) start-up Groq, furthering its investments in companies connected to the AI boom and gaining the right to add a new type of technology to its products. The world’s largest publicly traded company has paid for the right to use Groq’s technology and is to integrate its chip design into future products. Some of the start-up’s executives are leaving to join Nvidia to help with that effort, the companies said. Groq would continue as an independent company with a new chief executive, it said on Wednesday in a post on its Web
JOINT EFFORTS: MediaTek would partner with Denso to develop custom chips to support the car-part specialist company’s driver-assist systems in an expanding market MediaTek Inc (聯發科), the world’s largest mobile phone chip designer, yesterday said it is working closely with Japan’s Denso Corp to build a custom automotive system-on-chip (SoC) solution tailored for advanced driver-assistance systems and cockpit systems, adding another customer to its new application-specific IC (ASIC) business. This effort merges Denso’s automotive-grade safety expertise and deep vehicle integration with MediaTek’s technologies cultivated through the development of Media- Tek’s Dimensity AX, leveraging efficient, high-performance SoCs and artificial intelligence (AI) capabilities to offer a scalable, production-ready platform for next-generation driver assistance, the company said in a statement yesterday. “Through this collaboration, we are bringing two
Even as the US is embarked on a bitter rivalry with China over the deployment of artificial intelligence (AI), Chinese technology is quietly making inroads into the US market. Despite considerable geopolitical tensions, Chinese open-source AI models are winning over a growing number of programmers and companies in the US. These are different from the closed generative AI models that have become household names — ChatGPT-maker OpenAI or Google’s Gemini — whose inner workings are fiercely protected. In contrast, “open” models offered by many Chinese rivals, from Alibaba (阿里巴巴) to DeepSeek (深度求索), allow programmers to customize parts of the software to suit their