Breaking
ITIsrael, Change Bloc leaders announce agreed nomination for Knesset presidencyESA police officer dies and another is injured with the amputation of a leg due to the explosion of a backpack in Oviedo after a shooting whose perpetrator remains on the run and armedTR10 people died in two chain traffic accidents involving approximately 70 vehicles in BulgariaCNWho is Alice Huang and why is her relationship with Nvidia’s CEO under scrutiny?TRMore than 100 thousand signatures were collected to investigate Britain's role in Israel's attacks in GazaCNUkraine and Russia negotiate to be included in European security architecture, Europe has doubts about "this matter"SEConcern in the Left Party - believes Kristersson will become prime ministerGLOBALBrent crude falls below $90 for first time since August on Iran war de-escalation hopesPLIndependence March "record-breaking"? The organizers announce a large turnoutCNBeijing's market supervision department carries out special inspections of special heating equipment in winter to keep the heating "safety line"ITIsrael, Change Bloc leaders announce agreed nomination for Knesset presidencyESA police officer dies and another is injured with the amputation of a leg due to the explosion of a backpack in Oviedo after a shooting whose perpetrator remains on the run and armedTR10 people died in two chain traffic accidents involving approximately 70 vehicles in BulgariaCNWho is Alice Huang and why is her relationship with Nvidia’s CEO under scrutiny?TRMore than 100 thousand signatures were collected to investigate Britain's role in Israel's attacks in GazaCNUkraine and Russia negotiate to be included in European security architecture, Europe has doubts about "this matter"SEConcern in the Left Party - believes Kristersson will become prime ministerGLOBALBrent crude falls below $90 for first time since August on Iran war de-escalation hopesPLIndependence March "record-breaking"? The organizers announce a large turnoutCNBeijing's market supervision department carries out special inspections of special heating equipment in winter to keep the heating "safety line"
BackPassengers and cargo soar, EVA Air’s October revenue reaches 23.182 billion yuan
Passengers and cargo soar, EVA Air’s October revenue reaches 23.182 billion yuan
NEWS
自由时报19 minutes agoBusiness2 min readChinaView original

Passengers and cargo soar, EVA Air’s October revenue reaches 23.182 billion yuan

The cumulative consolidated revenue from January to October reached 217.561 billion yuan, a new high for the same period in previous years.

Quick Look

  • EVA Air announced that its consolidated revenue in October reached 23.182 billion yuan, an annual increase of 22.63%, the second highest in history.
  • Among them, both passenger transport and cargo operations performed well, benefiting from solid market demand and peak season effects.
  • The cumulative revenue from January to October hit a new high for the same period.

AI-generated summary

Why It Matters

EVA Air released revenue data for October, showing the strong performance of the passenger and cargo markets amid the peak season and the effects of consecutive holidays.

Font size

EVA Air’s consolidated revenue in October reached 23.182 billion yuan, with an annual growth rate of 22.63%, the second highest in history. (Provided by EVA Air)

EVA Air's consolidated revenue in October reached 23.182 billion yuan, with an annual growth rate of 22.63%, the second highest in history. The cumulative consolidated revenue from January to October reached 217.561 billion yuan, a record high for the same period in previous years.

EVA Air's passenger revenue in October reached 13.536 billion yuan, a record high for the same period in the past, with an annual growth rate of 13.27%; cargo revenue reached 6.869 billion yuan, the second highest for the same period in history, with an annual growth rate of 46.17%; the cumulative passenger revenue from January to October reached 134.842 billion yuan, also setting a new high for passenger revenue and consolidated revenue for the same period in the past.

In terms of passenger transportation, EVA Air said that the travel market demand remained stable in October. In terms of long-haul routes, demand for routes in Europe, the United States and Canada continued to be stable; in terms of short-haul routes, Hong Kong, Macao and China routes were driven by demand for return trips during the National Day holiday, and their performance was supportive. Southeast Asia and Northeast Asia routes were driven by the National Day and Liberation Day holidays, and their booking performance was outstanding. In addition, Japan has entered the peak maple viewing season since late October, further driving a new wave of tourism demand. Overall, passenger transport market demand maintains growth momentum, driving passenger transport revenue to continue its positive growth trend in October. EVA Air will launch a direct flight from Taoyuan to Delhi, India, on December 1 to further expand the South Asian market and improve its global flight network.

In terms of freight, EVA Air said that October is the traditional peak season for air freight. Shipments of AI servers, semiconductor machine equipment and related electronic components continue to be booming. This, coupled with the demand for stocking during the peak consumption season at the end of the year, has driven revenue performance to further improve. Looking forward to the fourth quarter, as demand is expected to further strengthen, EVA Air will continue to flexibly allocate capacity, actively seize market opportunities, and improve operational performance.

What to Watch

AI outlook — possibilities, not facts

  • EVA Air will launch direct flight from Taoyuan to Delhi, India on December 1

    Very likely · Within months

Open Questions

  • Can net profit in the fourth quarter grow significantly at the same time?

Related Topics

This article was originally published by 自由时报.

Related Stories

The dispute over the management rights of Datong exploded into a stock speculation case! The second instance revised the verdict to compensate 19.29 million yuan
Business·

The dispute over the management rights of Datong exploded into a stock speculation case! The second instance revised the verdict to compensate 19.29 million yuan

The dispute over the management rights of Datong Company resulted in a stock speculation case. Taiwanese businessman Zheng Wenyi and others were accused of manipulating the stock price of Datong to increase by 155.9% from 2016 to 2017. In the second instance, the High Court found that the four people had jointly manipulated the stock price, and after deducting the amount of compensation already paid, the verdict was changed to joint and several compensation of more than 19.29 million yuan.

自由时报
3 min read
"China's Potato Hometown" French fries go global through "cold chain artery"
Business·

"China's Potato Hometown" French fries go global through "cold chain artery"

Since the launch of Ningxia's first railway cold chain transportation of French fries, the Guyuan Sales Department of Yinchuan Railway Logistics Center has shipped a total of 17,791 tons of French fries. The local government has adopted innovative measures such as the use of 40-foot powered refrigerators and the installation of power supply devices to ensure the taste of French fries and improve transportation efficiency.

中国新闻网
2 min read
Beijing's market supervision department carries out special inspections of special heating equipment in winter to keep the heating "safety line"
Developing·

Beijing's market supervision department carries out special inspections of special heating equipment in winter to keep the heating "safety line"

The Beijing Municipal Bureau of Market Supervision has comprehensively carried out special inspections on the safety of special heating equipment in winter. So far, it has completed supervision, law enforcement and regular inspections of more than 2,700 heating boilers and related pressure pipelines to ensure safe and smooth operation of heating this winter.

中国新闻网
3 min read
Juhan has strong orders in hand and is expected to achieve its revenue target of 10 billion yuan by 2030 ahead of schedule
Business·

Juhan has strong orders in hand and is expected to achieve its revenue target of 10 billion yuan by 2030 ahead of schedule

Semiconductor factory engineering company Juhan (6903) held a press conference on the 10th and announced that its cumulative after-tax earnings for the first three quarters reached a new high of 1.377 billion yuan, with after-tax earnings per share of 20.92 yuan. Benefiting from the demand for AI and the expansion of wafer foundry production, current orders on hand remain at a high level of 10.8 billion yuan, with visibility reaching 2 to 3 years.

自由时报
1 min read
More on this topicEVA Air