China Airlines reports big jump in Q3 profits

Monday, 11 Nov, 2024 0

Taiwan based China Airlines is having its best ever year so far.

Its consolidated operating airline profit of TWD13.346 billion and consolidated net profit after tax were the highest ever reported for the first three-quarter period.

CAL posted single-quarter revenue for Q3 of TWD52.015 billion, which is up 9.09% year on year.

As the air travel market continues to recover, passenger demand has remained high thanks to the summer peak.

The airline launched the nonstop Taipei-Seattle service in July, which has been very well-received with an average passenger load factor of 85%.

The number of passenger-carrying services in the first three quarters of 2024 also grew compared to the same period in 2023.

It resulted in a 12.15% increase in passenger revenue.

It says bookings for Q4 are now averaging 80% with demand for Northeast Asia and Japan being particularly strong.

To build on the robust tourism demand between southern Taiwan and Japan, China Airlines will assign the themed Pikachu Jet CI to Japanese and Korean routes departing from Kaohsiung next year.

Seven flights a week are planned from January 1 onwards including the Kaohsiung-Osaka and Kaohsiung – Seoul (Incheon) services.

The change will help meet the strong travel demand in Kaohsiung and encourage more international travelers to visit southern Taiwan.

TravelMole Editorial Team

Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.

AXA Assistance specializes in best-in-class cost containment, health and travel services. Over 60 years of experience combined with a US and...

ITB Asia, Asia’s Leading Travel Trade Show, is an annually held B2B trade show and convention for the travel industry; it is designed...

It’s easy to find perfection in Santa Barbara, but what if there was even more of your favorite finds, activities,...

The Oregon Tourism Commission, dba Travel Oregon, works to enhance visitors’ experiences by providing information, resources and trip planning tools...

Home to America’s Best Beaches, a vibrant arts community and amazing outdoor experiences, St. Pete/Clearwater is a sunny destination that...

Global Hotel Alliance brings together a unique collection of independent hospitality brands for GHA DISCOVERY, a multi-brand loyalty programme. GHA...

SOUTH AUSTRALIA. FOR THOSE WHO WANT A LITTLE MORE. South Australia. It’s a beautiful place. A place for the restless,...

For over 18 years and over 106 completed events, the Travel & Adventure Show has connected over 2.5 million travel...

From the Tel Aviv beach scene to the shores of the Dead Sea, Israel layers diverse cultures, outdoor adventures, and...

We work with reliable data providers with global coverage, that guarantee data representativeness as well as compliance with International Personal...

SAINT LUCIA IS NO ORDINARY ISLAND Equal parts beauty and mystique, Saint Lucia captivates anyone who sets foot on her...

We understand the importance of personal touch We do things a bit differently at Eventsquid. We know that we could...

Located in the heart of the Northeast and within easy driving distance of a third of the population of the...

Classic Collection is where travel expertise and personal service combine to create the perfect luxury holiday. Our travel agent partners...

From the beginning, ATI’s philosophy has been “innovation, not duplication.“ Developing specialized technology solutions to connect over 30,000 accommodation, attracti...