China Airlines profit at last

[armchairpilot94116]

Hard for airlines to avoid losing even huge amounts these days, good to see some decent profit.

China Air Sees Strong Jan-Aug Profit (http://news.airwise.com/story/view/1284465490.html)

September 14, 2010
Net profit at Taiwan carrier China Airlines will exceed TWD$10 billion (USD$316 million) for the January to August period, a company source said on Tuesday, helped by income from mainland China operations.

The company, which also said on Tuesday it will join the Sky Team global alliance, is returning to profit after losses of some TWD$5 billion in the first three quarters of last year, due largely to the global slowdown.

In the first two quarters of this year, profit reached TWD$6.3 billion.

The source, who asked not to be identified, said a global recovery and new flights to mainland China had pushed up revenues in January-August by 30 percent for passenger operations and 1.3 times for freight.

(Reuters)

[armchairpilot94116]

EVA Airways may launch flights to Brussels - The China Post (http://www.chinapost.com.tw/business/company-focus/2010/09/15/272585/EVA-Airways.htm)

(Sister airline EVA having a good year as well after two badly under-performing years.)


Updated Wednesday, September 15, 2010 0:03 am TWN, CNA
EVA Airways may launch flights to Brussels

BRUSSELS--EVA Airways Corp., one of Taiwan's leading international carriers, may launch flights to Brussels, French-language newspaper Les Echos reported yesterday.


Citing EVA Airways President James Jeng, Les Echos said that if the carrier decides to add new routes to Europe, Brussels will be one of the possible destinations.

In the report, Hawk Chang, the general manager of EVA Airways' branch in Belgium, said the carrier is paying considerable attention to Brussels as a possible destination as it assesses the feasibility of launching new flights to Europe.

Belgium's authorities have expressed a lot of interest in EVA Airways' possibly adding Brussels to its European network, he said.

Chang said EVA Airways has already extended service to Brussels by launching a free shuttle bus service for its passengers between Amsterdam and the Belgian capital two weeks ago.

The free shuttle bus service has worked very well so far, Chang indicated, and he said that when demand for the shuttle increases to a certain extent, the carrier will likely launch new flights to Brussels.

EVA Airways was not immediately available for comment on the report.

At present, EVA Airways provides 16 round trip flights to London, Paris, Amsterdam and Vienna a week.

The report said EVA Airways suffered heavy losses in 2008 and 2009 as the world's airline business was hard hit by a global financial meltdown.

However, the report said, the carrier is making a comeback and is expected to turn a profit in 2010 amid a global economy recovery.

EVA Airways posted a net loss of NT$2.84 billion in 2009, after a net loss of NT$16.89 billion recorded in 2008. In the first half of this year, however, the carrier registered NT$5.22 billion in net profit.

Jeng said the carrier is anticipating that cross-Taiwan Strait routes will generate more profit and further boost its profitability amid warming business ties between Taiwan and China.

EVA Airways offers 61 round-trip flights to 15 destinations in China a week. The carrier said the average load factor of the flights to Chinese cities exceeds 85 percent.

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