EVA Airways bullish on outlook

NEW JOBS:The company is planning to hire 350 cabin crew and 150 pilots to support an increased number of flights, mainly to European and North American destinations

Taipei Times
Date: Apr 15, 2017
By: Ted Chen / Staff reporter

EVA Airways Corp (長榮航空) yesterday gave an upbeat outlook for this year and said that the company is counting on rising passenger numbers to offset declining unit revenue as intensifying competition drives down ticket prices.

The company has set its sights on increasing its revenue passenger kilometers (RPK) by 20 percent this year by adding more flights to European and North American destinations, as well as key cities in China, EVA corporate planning division executive vice president Albert Liao (廖至維) said at the company’s first earnings conference in its 28-year history.

However, Liao said that some flights and destinations in China would be cut this year and redirected to other Asian destinations as uncertainties in cross-strait relations continue to affect sales.

He added that sales from flights to China registered their first decline last year.

Although unit revenue last year fell 9.8 percent annually to NT$2.1 from NT$2.3 the previous year, total passenger revenue posted a 4.7 percent year-on-year gain to NT$85.75 billion (US$2.82 billion) as RPK rose 17.2 percent year-on-year to 51.17 billion, Liao said.    [FULL  STORY]

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