After launching daily roundtrip flights between Taipei and Singa-pore that have triggered price wars with other carriers, budget airline Jetstar Asia yesterday said it is working to offer service between Kaohsiung and the Lion City within the first six months of next year.
"We're very excited to be the first low-cost budget carrier operating in Taiwan and we're eager to show people that there's a new way to fly," said Con Korfiatis, chief operating officer of Singapore-based Jetstar Asia Airways Pte Ltd, at a press conference in Taipei.
The carrier began service to Hong Kong on Monday, to Taipei yesterday and will extend its service network to other destinations -- such as Shanghai, Jakarta, Surabaya and Manila -- beginning next month, Korfiatis said.
"We do not mean to compete with traditional airlines that offer full services on board, but aim at providing passengers with an alternative," he said.
The company has sent shock-waves across the industry after announcing one-way tickets between Taipei and Singapore starting at NT$2,350 -- excluding tax and insurance -- with a promotional price of NT$1,788 offered from yesterday to next Thursday.
Korfiatis said the company can provide attractive fares because some facilities and services offered by other airlines are taken out, including first and business-class cabins, free meals, entertainment facilities and VIP lounges at airports.
Also, Korfiatis said the company has its own booking system, which allows it to save enormous commissions paid when using global distribution systems.
"But a low fare doesn't mean low quality," he said, adding that the carrier is 49 percent owned by Australia's Quantas Airways Ltd and would offer passengers the same level of services and safety as Quantas.
Jetstar is currently using three brand-new Airbus A320s and projects bringing in another five next year, before expanding the entire fleet to 20 aircraft within three years, Korfiatis said.
As fares may fluctuate with market demand, he promised that the price of the Taipei-Singapore route would not rise above NT$7,399 -- 30 percent lower than its competitors' most expensive tickets.
Its first flight to Taipei yesterday was fully booked and the 180-seat plane back to Singapore was 80 percent full, according to Korfiatis.
Addressing the launch ceremony, George Lee (
"Companies must provide full information to customers and let them know what services they can get, so as to avoid disputes," Lee said.
Taiwanese suppliers to Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電) are expected to follow the contract chipmaker’s step to invest in the US, but their relocation may be seven to eight years away, Minister of Economic Affairs J.W. Kuo (郭智輝) said yesterday. When asked by opposition Chinese Nationalist Party (KMT) Legislator Niu Hsu-ting (牛煦庭) in the legislature about growing concerns that TSMC’s huge investments in the US will prompt its suppliers to follow suit, Kuo said based on the chipmaker’s current limited production volume, it is unlikely to lead its supply chain to go there for now. “Unless TSMC completes its planned six
Intel Corp has named Tasha Chuang (莊蓓瑜) to lead Intel Taiwan in a bid to reinforce relations between the company and its Taiwanese partners. The appointment of Chuang as general manager for Intel Taiwan takes effect on Thursday, the firm said in a statement yesterday. Chuang is to lead her team in Taiwan to pursue product development and sales growth in an effort to reinforce the company’s ties with its partners and clients, Intel said. Chuang was previously in charge of managing Intel’s ties with leading Taiwanese PC brand Asustek Computer Inc (華碩), which included helping Asustek strengthen its global businesses, the company
Power supply and electronic components maker Delta Electronics Inc (台達電) yesterday said second-quarter revenue is expected to surpass the first quarter, which rose 30 percent year-on-year to NT$118.92 billion (US$3.71 billion). Revenue this quarter is likely to grow, as US clients have front-loaded orders ahead of US President Donald Trump’s planned tariffs on Taiwanese goods, Delta chairman Ping Cheng (鄭平) said at an earnings conference in Taipei, referring to the 90-day pause in tariff implementation Trump announced on April 9. While situations in the third and fourth quarters remain unclear, “We will not halt our long-term deployments and do not plan to
The New Taiwan dollar and Taiwanese stocks surged on signs that trade tensions between the world’s top two economies might start easing and as US tech earnings boosted the outlook of the nation’s semiconductor exports. The NT dollar strengthened as much as 3.8 percent versus the US dollar to 30.815, the biggest intraday gain since January 2011, closing at NT$31.064. The benchmark TAIEX jumped 2.73 percent to outperform the region’s equity gauges. Outlook for global trade improved after China said it is assessing possible trade talks with the US, providing a boost for the nation’s currency and shares. As the NT dollar