China Airlines Ltd (CAL, 中華航空) and low-cost carrier Tigerair Taiwan Ltd (台灣虎航) saw sales hit a new high last year on the back of the booming global tourism market during the post-COVID-19 era.
CAL generated NT$209.09 billion (US$594 million) in consolidated sales last year, up 2.56 percent from a year earlier after its consolidated sales last month grew 1.82 percent year-on-year to NT$18.79 billion, the company said in a statement on Monday.
The company’s revenue generated by passenger flight operations rose 0.82 percent from a year earlier to NT$10.81 billion last month, as the load factor -- an industry metric that measures percentage of passenger capacity used -- for destinations such as Seoul, Tokyo, Hokkaido, Bangkok and Kuala Lumpur hit almost 90 percent, CAL said.
Photo: Wu Liang-yi, Taipei Times
CAL also benefited from strong demand for cargo services which helped the carrier generate NT$6.398 billion last month, up 2.42 percent from a year earlier, due to the year-end shopping spree in the US and Europe as well as strong demand for artificial intelligence (AI)-related devices.
Tigerair Taiwan also this week posted NT$16.899 billion in consolidated sales last year, up 2.90 percent from 2024, marking the second consecutive year the carrier has broken its annual sales record.
Tigerair Taiwan said as the tourism market continued growing, the company raised the number of flights by 13.9 percent last month. In the fourth quarter of last year, the average load factor hit almost 90 percent, it said.
Meanwhile, Starlux Airlines Co (星宇航空) said its consolidated sales last year rose 24 percent from a year earlier to NT$44.05 billion.
It came as revenue last month from the airline’s passenger flight division rose 9 percent from a year earlier to NT$3.29 billion as the number of passengers hit a new high, while cargo services revenue rose 37 percent from a year earlier to NT$499 million as it shipped more electronic components and AI-related goods.
Last week, EVA Airways Corp (長榮航空) reported its second highest consolidated annual sales of NT$220.33 billion for last year, down 0.31 percent from 2024.
The airline’s the load factor to destinations in North America, Europe, Southeast and Northeast Asia and China topped 90 percent last month, while air cargo services received a boost from strong demand during the Christmas season, it said.
In related news, EVA Airways was ranked No. 8 on the world’s safest full-service airlines by AirlineRatings.com, while Starlux Airlines was ranked 11th, the airline rating Web site announced yesterday.
EVA Airways president Clay Sun (孫嘉明) said the carrier has been ranked among the world’s safest airlines for the 13th consecutive year, adding that the recognition is an affirmation of its employees’ commitment to safety culture and adherence to standard operating procedures.
Commenting on its first inclusion in the rankings, Starlux said the recognition reflects its employees’ dedication to flight safety and their rigorous execution of every operational detail, especially during its relatively short five-year operating history.
SEMICONDUCTORS: The German laser and plasma generator company will expand its local services as its specialized offerings support Taiwan’s semiconductor industries Trumpf SE + Co KG, a global leader in supplying laser technology and plasma generators used in chip production, is expanding its investments in Taiwan in an effort to deeply integrate into the global semiconductor supply chain in the pursuit of growth. The company, headquartered in Ditzingen, Germany, has invested significantly in a newly inaugurated regional technical center for plasma generators in Taoyuan, its latest expansion in Taiwan after being engaged in various industries for more than 25 years. The center, the first of its kind Trumpf built outside Germany, aims to serve customers from Taiwan, Japan, Southeast Asia and South Korea,
Gasoline and diesel prices at domestic fuel stations are to fall NT$0.2 per liter this week, down for a second consecutive week, CPC Corp, Taiwan (台灣中油) and Formosa Petrochemical Corp (台塑石化) announced yesterday. Effective today, gasoline prices at CPC and Formosa stations are to drop to NT$26.4, NT$27.9 and NT$29.9 per liter for 92, 95 and 98-octane unleaded gasoline respectively, the companies said in separate statements. The price of premium diesel is to fall to NT$24.8 per liter at CPC stations and NT$24.6 at Formosa pumps, they said. The price adjustments came even as international crude oil prices rose last week, as traders
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), which supplies advanced chips to Nvidia Corp and Apple Inc, yesterday reported NT$1.046 trillion (US$33.1 billion) in revenue for last quarter, driven by constantly strong demand for artificial intelligence (AI) chips, falling in the upper end of its forecast. Based on TSMC’s financial guidance, revenue would expand about 22 percent sequentially to the range from US$32.2 billion to US$33.4 billion during the final quarter of 2024, it told investors in October last year. Last year in total, revenue jumped 31.61 percent to NT$3.81 trillion, compared with NT$2.89 trillion generated in the year before, according to
PRECEDENTED TIMES: In news that surely does not shock, AI and tech exports drove a banner for exports last year as Taiwan’s economic growth experienced a flood tide Taiwan’s exports delivered a blockbuster finish to last year with last month’s shipments rising at the second-highest pace on record as demand for artificial intelligence (AI) hardware and advanced computing remained strong, the Ministry of Finance said yesterday. Exports surged 43.4 percent from a year earlier to US$62.48 billion last month, extending growth to 26 consecutive months. Imports climbed 14.9 percent to US$43.04 billion, the second-highest monthly level historically, resulting in a trade surplus of US$19.43 billion — more than double that of the year before. Department of Statistics Director-General Beatrice Tsai (蔡美娜) described the performance as “surprisingly outstanding,” forecasting export growth
RSS