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Eva Air shares surge as foreign investors buy in

Reporter Scarlett Yu
Release time:2023/12/07 18:53
Last update time:2023/12/07 18:53
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Eva Air shares surge as foreign investors buy in (TVBS News) Eva Air shares surge as foreign investors buy in
Eva Air shares surge as foreign investors buy in (TVBS News)

TAIPEI (TVBS News) — Eva Air announced on Wednesday (Dec. 6) that foreign investors purchased a net 8,926 shares, making it the fourth most bought by foreigners in the session.

The recovery in travel and business after the pandemic has vastly improved operations in the aviation industry. Eva Air indicated that staff shortages at airports in northeast Asia have finally relaxed.

 

ALso, the demand for flights to China, Hong Kong, and Macao is gradually increasing, with booking rates for northeast Asian routes exceeding 90 percent, the company added.

Looking ahead, Eva Air plans to focus on routes in northeast Asia and to China, Hong Kong, and Macao as its operational priority next year. The airline expects to increase its weekly flights to a total of 538.

Furthermore, Eva Air is set to take delivery of two Boeing 787-10 aircraft, which will significantly increase the flexibility of its fleet deployment.