EVA Airways Corp (EVA, 長榮航空) plans to phase out its Boeing 747-400 aircraft in three years as it aims to build up a newer fleet to raise safety and energy efficiency.
The nation’s second-largest carrier is planning to order more B777-series aircraft and Airbus SAS’ A321 planes, and even B787 Dreamliner jets, to replace the B747s, EVA chairman Chang Kuo-wei (張國煒) said yesterday.
“The next step for the company is fleet replacement and upgrade,” Chang told reporters after a press conference to announce its formal entry into the Star Alliance.
The average age of EVA’s fleet is eight to nine years, he said.
The airline is aiming at a fleet with 35 B777-series passenger and cargo planes, Chang said. It now has 15 B777-300ER aircraft, with another seven on order.
EVA plans to order 10 more A321-series aircraft for regional and shorter routes, moving away from the four A321-200 planes it now operates and the 14 more on order.
The fleet upgrade may take five to 10 years to complete, with B787 Dreamliner jets for long-haul routes in the long run, Chang said.
EVA will start integrating routes with its 27 peers in the Star Alliance now that it is a member.
“The move may help us save resources and raise business efficiency,” Chang said.
Instead of increasing routes, the airline will concentrate on the frequency of its higher-profitability cross-strait flights to enhance its niche and advantages in the Star Alliance, he added.
The New Taiwan dollar is on the verge of overtaking the yuan as Asia’s best carry-trade target given its lower risk of interest-rate and currency volatility. A strategy of borrowing the New Taiwan dollar to invest in higher-yielding alternatives has generated the second-highest return over the past month among Asian currencies behind the yuan, based on the Sharpe ratio that measures risk-adjusted relative returns. The New Taiwan dollar may soon replace its Chinese peer as the region’s favored carry trade tool, analysts say, citing Beijing’s efforts to support the yuan that can create wild swings in borrowing costs. In contrast,
Nvidia Corp’s demand for advanced packaging from Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) remains strong though the kind of technology it needs is changing, Nvidia CEO Jensen Huang (黃仁勳) said yesterday, after he was asked whether the company was cutting orders. Nvidia’s most advanced artificial intelligence (AI) chip, Blackwell, consists of multiple chips glued together using a complex chip-on-wafer-on-substrate (CoWoS) advanced packaging technology offered by TSMC, Nvidia’s main contract chipmaker. “As we move into Blackwell, we will use largely CoWoS-L. Of course, we’re still manufacturing Hopper, and Hopper will use CowoS-S. We will also transition the CoWoS-S capacity to CoWos-L,” Huang said
Nvidia Corp CEO Jensen Huang (黃仁勳) is expected to miss the inauguration of US president-elect Donald Trump on Monday, bucking a trend among high-profile US technology leaders. Huang is visiting East Asia this week, as he typically does around the time of the Lunar New Year, a person familiar with the situation said. He has never previously attended a US presidential inauguration, said the person, who asked not to be identified, because the plans have not been announced. That makes Nvidia an exception among the most valuable technology companies, most of which are sending cofounders or CEOs to the event. That includes
INDUSTRY LEADER: TSMC aims to continue outperforming the industry’s growth and makes 2025 another strong growth year, chairman and CEO C.C. Wei says Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), a major chip supplier to Nvidia Corp and Apple Inc, yesterday said it aims to grow revenue by about 25 percent this year, driven by robust demand for artificial intelligence (AI) chips. That means TSMC would continue to outpace the foundry industry’s 10 percent annual growth this year based on the chipmaker’s estimate. The chipmaker expects revenue from AI-related chips to double this year, extending a three-fold increase last year. The growth would quicken over the next five years at a compound annual growth rate of 45 percent, fueled by strong demand for the high-performance computing
RSS