Starlux Airlines Co (星宇航空) aims to turn a profit next year by expanding its passenger operations to North American and Southeast Asian markets and by increasing its cargo business, CEO and general manager Glenn Chai (翟健華) told a news conference in Taipei yesterday.
The airline would offer new flights to Okinawa and Sapporo in Japan, as well as resume flights to Da Nang, Vietnam, at the end of next month to meet demand in the fourth quarter — a peak travel season, Chai said, adding that by that time, Starlux would be flying to a total of 13 destinations.
It would offer new flights between Taipei and Los Angeles from April and between Taipei and San Francisco in the second half of next year, he said.
Photo: CNA
It would also be using its wide-body aircraft on Asian routes, he said.
Soon after its launch in early 2020, Starlux’s operations were stalled by the COVID-19 pandemic and tight border controls worldwide.
With countries easing border controls, Starlux is upbeat about the outlook for global travel, especially with Taiwan also opening its borders soon, chairman Chang Kuo-wei (張國煒) said in a statement.
As of the end of June, global passenger demand had returned to about 70 percent of pre-pandemic levels, Chang said.
With the deliveries of new planes, Starlux’s fleet size would expand from 12 to 19, with 13 Airbus 321 Neo, four Airbus 330 Neo and two Airbus 350 jets, Chang said.
The airline aims to triple its capacity from a year earlier and double the number of flights in the fourth quarter from the third quarter, he said.
Addressing criticism that Taiwan’s market is too small to support a third airline — after China Airlines Ltd (中華航空) and EVA Airways Corp (長榮航空) — Chai said that Starlux would not solely rely on the domestic market, but also target transit, business and international passengers.
By leveraging Taiwan’s excellent location, the airline would develop its regional flying network in Asia and balance its operations in Northeast and Southeast Asia to sharpen its competitiveness, he said.
It would target about 1 billion transit passengers who transfer from North America to Southeast Asia, he said.
Ticket prices might be higher than they were in the past given inflation and anti-virus measures, but prices would primarily be determined by market demand and supply, Chai said.
The airline also plans to purchase cargo jets to boost its cargo business and would consider buying ATR aircraft for domestic operations, Chang said, while stressing that Starlux would focus on international flights.
“Domestic flights would come later, and they could cushion impact from unknown factors, such as a pandemic,” he said.
Hon Hai Precision Industry Co (鴻海精密) yesterday said that its research institute has launched its first advanced artificial intelligence (AI) large language model (LLM) using traditional Chinese, with technology assistance from Nvidia Corp. Hon Hai, also known as Foxconn Technology Group (富士康科技集團), said the LLM, FoxBrain, is expected to improve its data analysis capabilities for smart manufacturing, and electric vehicle and smart city development. An LLM is a type of AI trained on vast amounts of text data and uses deep learning techniques, particularly neural networks, to process and generate language. They are essential for building and improving AI-powered servers. Nvidia provided assistance
DOMESTIC SUPPLY: The probe comes as Donald Trump has called for the repeal of the US$52.7 billion CHIPS and Science Act, which the US Congress passed in 2022 The Office of the US Trade Representative is to hold a hearing tomorrow into older Chinese-made “legacy” semiconductors that could heap more US tariffs on chips from China that power everyday goods from cars to washing machines to telecoms equipment. The probe, which began during former US president Joe Biden’s tenure in December last year, aims to protect US and other semiconductor producers from China’s massive state-driven buildup of domestic chip supply. A 50 percent US tariff on Chinese semiconductors began on Jan. 1. Legacy chips use older manufacturing processes introduced more than a decade ago and are often far simpler than
STILL HOPEFUL: Delayed payment of NT$5.35 billion from an Indian server client sent its earnings plunging last year, but the firm expects a gradual pickup ahead Asustek Computer Inc (華碩), the world’s No. 5 PC vendor, yesterday reported an 87 percent slump in net profit for last year, dragged by a massive overdue payment from an Indian cloud service provider. The Indian customer has delayed payment totaling NT$5.35 billion (US$162.7 million), Asustek chief financial officer Nick Wu (吳長榮) told an online earnings conference. Asustek shipped servers to India between April and June last year. The customer told Asustek that it is launching multiple fundraising projects and expected to repay the debt in the short term, Wu said. The Indian customer accounted for less than 10 percent to Asustek’s
Gasoline and diesel prices this week are to decrease NT$0.5 and NT$1 per liter respectively as international crude prices continued to fall last week, CPC Corp, Taiwan (CPC, 台灣中油) and Formosa Petrochemical Corp (台塑石化) said yesterday. Effective today, gasoline prices at CPC and Formosa stations are to decrease to NT$29.2, NT$30.7 and NT$32.7 per liter for 92, 95 and 98-octane unleaded gasoline respectively, while premium diesel is to cost NT$27.9 per liter at CPC stations and NT$27.7 at Formosa pumps, the companies said in separate statements. Global crude oil prices dropped last week after the eight OPEC+ members said they would