China Airlines’ passenger revenue soared 10 times in May, the booking rate of all routes in the peak season of summer vacation exceeded 80%

2023-06-12 09:42:11

China Airlines (2610) announced today (12) that its consolidated revenue in May was 14.471 billion yuan, a monthly decrease of 4.66% and a yearly increase of 18%, hitting a new high in the same period. Among them, passenger revenue increased tenfold year-on-year and broke the record for the same period. It is about to enter the No. During the three peak summer seasons, China Airlines stated that the booking rate of all routes has exceeded 80%.

In May, China Airlines’ passenger revenue soared 10 times, and the booking rate of all routes in the peak season of summer vacation exceeded 80%.Photo/provided by China Airlines

China Airlines stated that although May is the off-season for aviation, its revenue still maintained the level of the first quarter. Under the plan of steady increase in flights, passenger revenue was 8.971 billion yuan, an annual increase of 1097.73%, and broke the record for the same period, reflecting the strong demand for travel; In particular, there are nearly 140 flights between Taiwan and Northeast Asia every week, and the Japanese route has shown strong recovery, with the most significant increase in revenue. With the buoyant demand for international travel, China Airlines pointed out that the booking rate of all routes in the summer peak season exceeds 80%.

In terms of cargo, China Airlines’ revenue in May was 4.472 billion yuan, a year-on-year decrease of more than 50%. China Airlines explained that due to global inflation and monetary tightening policies, consumer demand has cooled down, and due to the impact of holidays such as Labor Day and Japan’s Golden Week, Still better than the same period in 2019.

China Airlines emphasized that it will pay close attention to the dynamics of the cargo market, continue to use the belly space of passenger aircraft to increase the supply of cargo, provide flexible services, and actively optimize the network of cargo aircraft to achieve the best execution efficiency of the aircraft through the complementary revenue of passenger and cargo.

China Airlines will start flying to Prague, Czech Republic on July 18. The European map will be expanded to 6 destinations, including Frankfurt, Germany, Amsterdam, the Netherlands, London, England, Vienna, Austria, and Rome, Italy. It will strive to obtain high-yield direct flights and actively connect with Europe , Southeast Asia transit business opportunities via Taiwan, optimizing regional line products, and new destinations have also become popular topics in the aviation industry recently.

further reading

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The profit ranking of brokerages in May can be grasped in one table!The only reason for the loss of this company was exposed

A chart shows that 14 financial holding companies made a profit of 135.6 billion yuan in the first five months, a year-on-year decrease of 33%, and only one Shin Kong Gold company lost money

  • Ye Yiru, Special Correspondent of Yahoo Finance: 22 years of experience in financial mainstream media, from the bubble of Web1.0 in 2000 to Web3.0 of the Meta universe, witnessed the history of the rise and fall of large and small business groups in Taiwan, and experienced five international financial crises. Think that finance is life, omnipresent, no matter how difficult financial management knowledge should be explained in a simple way. No matter you are young or old, you should manage money. If you don’t manage money, money will ignore you.

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