EVA Airways Corp (長榮航空) on Friday received a new Boeing Co 777F cargo jet, the first delivery of a freight aircraft for the airline in two years.
Prior to taking possession, EVA Airways’ cargo fleet had five Boeing 777F jets that it received in 2019.
The airline expects to take delivery of another two Boeing 777Fs next month and in December, it said in a statement.
Photo: Chu Pei-hsiung, Taipei Times
EVA last year canceled orders for seven Boeing 787-10 Dreamliner passenger jets, replacing them with orders for three 777F cargo aircraft and four smaller 787-9 passenger jets, as the airline faced low demand for air travel but robust orders for air shipping.
Due to strong cargo demand, EVA currently conducts more than 40 cargo flights a week with its five freight carriers, and operates another 50 cargo flights per week with its 33 passenger jets, with goods loaded in the passenger cabins, it said.
The three new freight aircraft would boost cargo capacity and increase revenue this year, EVA said.
The sixth cargo jet would be utilized for flights to Southeast Asian countries and North America, it said.
With strong demand for transport of new electronic products and mobile devices in the peak season, the company holds an upbeat outlook for its cargo business this quarter, EVA president Clay Sun (孫嘉明) said in the statement.
Airfreight rates are likely to remain high next year due to a tight supply of cargo flights and congestion at the world’s major seaports, Sun said.
The International Air Transport Association has predicted that global air cargo volume for this year is expected to be higher than in 2019, and is projected to grow 4.9 percent year-on-year next year, EVA said.
The Boeing 777F is the largest twin-engine, energy-efficient freighter, and as the aircraft has identical engine specifications as the Boeing 777-300ER, of which EVA has 34, the airline could reduce its maintenance costs and boost maintenance efficiency with the consistent fleet, it said.
JITTERS: Nexperia has a 20 percent market share for chips powering simpler features such as window controls, and changing supply chains could take years European carmakers are looking into ways to scratch components made with parts from China, spooked by deepening geopolitical spats playing out through chipmaker Nexperia BV and Beijing’s export controls on rare earths. To protect operations from trade ructions, several automakers are pushing major suppliers to find permanent alternatives to Chinese semiconductors, people familiar with the matter said. The industry is considering broader changes to its supply chain to adapt to shifting geopolitics, Europe’s main suppliers lobby CLEPA head Matthias Zink said. “We had some indications already — questions like: ‘How can you supply me without this dependency on China?’” Zink, who also
At least US$50 million for the freedom of an Emirati sheikh: That is the king’s ransom paid two weeks ago to militants linked to al-Qaeda who are pushing to topple the Malian government and impose Islamic law. Alongside a crippling fuel blockade, the Group for the Support of Islam and Muslims (JNIM) has made kidnapping wealthy foreigners for a ransom a pillar of its strategy of “economic jihad.” Its goal: Oust the junta, which has struggled to contain Mali’s decade-long insurgency since taking power following back-to-back coups in 2020 and 2021, by scaring away investors and paralyzing the west African country’s economy.
BUST FEARS: While a KMT legislator asked if an AI bubble could affect Taiwan, the DGBAS minister said the sector appears on track to continue growing The local property market has cooled down moderately following a series of credit control measures designed to contain speculation, the central bank said yesterday, while remaining tight-lipped about potential rule relaxations. Lawmakers in a meeting of the legislature’s Finance Committee voiced concerns to central bank officials that the credit control measures have adversely affected the government’s tax income and small and medium-sized property developers, with limited positive effects. Housing prices have been climbing since 2016, even when the central bank imposed its first set of control measures in 2020, Chinese Nationalist Party (KMT) Legislator Lo Ting-wei (羅廷瑋) said. “Since the second half of
AI BOOST: Next year, the cloud and networking product business is expected to remain a key revenue pillar for the company, Hon Hai chairman Young Liu said Manufacturing giant Hon Hai Precision Industry Co (鴻海精密) yesterday posted its best third-quarter profit in the company’s history, backed by strong demand for artificial intelligence (AI) servers. Net profit expanded 17 percent annually to NT$57.67 billion (US$1.86 billion) from NT$44.36 billion, the company said. On a quarterly basis, net profit soared 30 percent from NT$44.36 billion, it said. Hon Hai, which is Apple Inc’s primary iPhone assembler and makes servers powered by Nvidia Corp’s AI accelerators, said earnings per share expanded to NT$4.15 from NT$3.55 a year earlier and NT$3.19 in the second quarter. Gross margin improved to 6.35 percent,
RSS