China Airlines Co (
The nation's largest international carrier said its Flight CI011 with 250 passengers on board, which was supposed to fly back from New York yesterday, was canceled. But it's flight from Taipei's CKS International Airport to JFK yesterday was unaffected, the airline said.
The power outage struck the northeastern US has forced travel disruptions that may persist for several days.
But the situation in New Jersey seemed better, said Eric Lin (
Lin said two of EVAs Taipei to Newark flights were delayed for one hour each. There were about 460 passengers on the two flights, designated BR0032 and BR0031, he added.
The two airlines said they had no plans to delay or re-route their flights in the next few days as electricity was slowly flowing back to the region.
Meanwhile, other Asian airlines such as Japan Airlines System Corp, Singapore Airlines Ltd and Cathay Pacific Airways Ltd have delayed flights.
The US Federal Aviation Administration halted take-offs at six airports in the US. The agency later lifted the ban at Newark and LaGuardia airports in the New York area and in Cleveland, and was expecting takeoffs to resume at JFK in New York late yesterday, agency spokeswoman Laura Brown said.
"Singapore Airlines flight SQ25, scheduled to depart JFK in New York at 21:45 hours local time, has been delayed due to the power outage situation," Singapore Air said in a statement. "We continue to monitor the situation closely."
Cathay Pacific spokeswoman Rosita Ng said flight CX828 to Toronto from Hong Kong had stopped in Vancouver because of the power outage in Toronto.
Japan Airlines said 235 passengers on board a flight that landed in New York on Thursday evening had to stay on board for two hours because of the power shortage.
The flight was scheduled to continue onto Sao Paulo at 8:35pm New York time. The onward journey has been delayed until 1:00am, spokesman Tatsuo Yoshimura said.
ADVANCED: Previously, Taiwanese chip companies were restricted from building overseas fabs with technology less than two generations behind domestic factories Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), a major chip supplier to Nvidia Corp, would no longer be restricted from investing in next-generation 2-nanometer chip production in the US, the Ministry of Economic Affairs said yesterday. However, the ministry added that the world’s biggest contract chipmaker would not be making any reckless decisions, given the weight of its up to US$30 billion investment. To safeguard Taiwan’s chip technology advantages, the government has barred local chipmakers from making chips using more advanced technologies at their overseas factories, in China particularly. Chipmakers were previously only allowed to produce chips using less advanced technologies, specifically
The New Taiwan dollar is on the verge of overtaking the yuan as Asia’s best carry-trade target given its lower risk of interest-rate and currency volatility. A strategy of borrowing the New Taiwan dollar to invest in higher-yielding alternatives has generated the second-highest return over the past month among Asian currencies behind the yuan, based on the Sharpe ratio that measures risk-adjusted relative returns. The New Taiwan dollar may soon replace its Chinese peer as the region’s favored carry trade tool, analysts say, citing Beijing’s efforts to support the yuan that can create wild swings in borrowing costs. In contrast,
TARIFF SURGE: The strong performance could be attributed to the growing artificial intelligence device market and mass orders ahead of potential US tariffs, analysts said The combined revenue of companies listed on the Taiwan Stock Exchange and the Taipei Exchange for the whole of last year totaled NT$44.66 trillion (US$1.35 trillion), up 12.8 percent year-on-year and hit a record high, data compiled by investment consulting firm CMoney showed on Saturday. The result came after listed firms reported a 23.92 percent annual increase in combined revenue for last month at NT$4.1 trillion, the second-highest for the month of December on record, and posted a 15.63 percent rise in combined revenue for the December quarter at NT$12.25 billion, the highest quarterly figure ever, the data showed. Analysts attributed the
Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) quarterly sales topped estimates, reinforcing investor hopes that the torrid pace of artificial intelligence (AI) hardware spending would extend into this year. The go-to chipmaker for Nvidia Corp and Apple Inc reported a 39 percent rise in December-quarter revenue to NT$868.5 billion (US$26.35 billion), based on calculations from monthly disclosures. That compared with an average estimate of NT$854.7 billion. The strong showing from Taiwan’s largest company bolsters expectations that big tech companies from Alphabet Inc to Microsoft Corp would continue to build and upgrade datacenters at a rapid clip to propel AI development. Growth accelerated for
RSS