GLOBAL RECOVERY: EVA Airways said passenger traffic and aggregate sales would both grow 6 percent this year, as demand in the region increases and oil prices fall

Taipei Times
Date: Mar 13, 2019
By: Kao Shih-ching  /  Staff reporter

Evergreen Group (長榮集團) yesterday said it is upbeat about sales growth this year as oil prices fall, the US and China make progress to resolve their trade dispute and the global economy recovers.

EVA Airways Corp (長榮航空), the group’s airline, said that a global economic slowdown and high oil prices dragged on performance last year, but it still managed to keep profits rising.

The carrier reported revenue of NT$179.9 billion (US$5.82 billion) for the whole of last year, up 9.99 percent from a year earlier.

For the first two months of this year, the company reported NT$29.51 billion in revenue, a 6.63 percent annual increase.    [FULL  STORY]