StarLux Airline’s revenue hits record high in October, losses narrow in third quarter

Starlux Airlines’ revenue in October was 5.895 billion yuan, an annual increase of 59%, a record high. (Provided by StarLux Airlines)

[Reporter Wang Yihong/Taipei Report] Starlight Airlines (2646) revenue in October was 5.895 billion yuan, a year-on-year increase of 59%, a record high; cumulative revenue from January to October reached 50.731 billion yuan, an increase of 39% over the same period last year. StarLux Airlines pointed out that passenger operation revenue in October was 4.398 billion yuan, a monthly increase of 18% and an annual increase of 51%; cargo operation revenue was 882 million yuan, a monthly increase of 25% and an annual increase of 109%, setting a new single-month high.

The board of directors of StarLux Airlines today approved the third quarter financial report. The third quarter revenue was 16.282 billion yuan, the after-tax net loss was 293 million yuan, and the after-tax loss per share was 0.097 yuan, which was narrower than the second quarter loss of 0.42 yuan per share. The cumulative revenue in the first three quarters was 44.835 billion yuan, the after-tax net loss was 638 million yuan, and the after-tax loss per share was 0.21 yuan. StarLux Airlines pointed out that its profit performance in the third quarter was mainly affected by international fuel costs. International oil prices continued to remain high, up 61% from the same period last year.

StarLux Airlines pointed out that as the peak consumption season at the end of the year in Europe and the United States approaches, cross-border e-commerce and retail channels have begun to stock up on festive products, driving demand for aviation logistics. At the same time, the high-tech industry supply chain maintains shipment momentum and supports freight market demand. It is expected to maintain solid performance in the fourth quarter.

StarLux Airlines plans to enter the New Zealand and Australia markets in 2027, further extending its flight network to Oceania, and gradually building an international flight network covering Asia, North America, Europe and Oceania. In the future, we will continue to deepen the connections between regional markets and strengthen the capacity of international transfer services.

Regarding the Taichung flight network, with the launch of Sapporo and Nagoya routes, StarLux Airline’s Japan flight network from Taichung has covered major tourist areas such as Hokkaido, Kanto, Chubu, Kansai, Shikoku, Kyushu and Okinawa, gradually building a Japanese flight network layout from north to south. In addition, in response to Japan’s peak maple viewing season in November, the Taichung-Nagoya route will be increased to one daily flight to continue to strengthen the service capacity of Taichung’s second operating hub. The Kaohsiung-Okinawa and Kaohsiung-Kobe routes will also start sailing on January 1 next year.