Evergreen Airline Services Corp (長榮航勤) on Saturday said it would pay each of its employees a NT$40,000 (US$1,305) bonus and increase Lunar New Year holiday pay.
The offer to the EVA Air Union came after ground staff on Friday threatened to take leave en masse during the upcoming holiday if management did not increase year-end bonuses from one month’s salary to three months’ salary, in line with bonuses paid by EVA Airways Corp (長榮航空) to flight attendants and other employees.
The service company said in a news release that it would take the issues raised by its employees into consideration.
Photo: CNA
The union — which non-unionized ground staff have enlisted to speak on their behalf — on Friday said that ground crew members were additionally seeking higher base salaries and holiday bonuses relative to temporary workers.
The ground crew members also want better working conditions, including a right to use their annual leave freely and reject working overtime, the union said.
About 150 employees took a day off on Jan. 1 to protest the planned year-end bonuses of one month of salary, well short of those paid at other Evergreen subsidiaries.
The service company on Saturday defended its bonus policy, saying that it posted a combined deficit of NT$99.38 million in the first three quarters of last year.
Only thanks to a strong showing in the fourth quarter did the company post a full-year profit, it said.
The service company did not benefit from a surge in the airline’s cargo business, as it mostly serves passenger flights, it said.
After the offer to the firm’s employees, the union said that the labor dispute showed that too few ground staff are members of a separate in-house union, calling it a “fundamental problem.”
That union, which only has 33 members, has been “hijacked by management,” the EVA Air Union said, calling on the service company to “return the [in-house] union to its workers” and establish a channel for labor negotiations.
Separately, China Airlines Ltd (中華航空) on Friday said it would raise wages by 3 percent on average and pay its employees three months of salary in year-end bonuses.
China Airlines said the wage hike and the bonuses are the result of negotiations with its unionized workers, adding that the moves still need approval by its board of directors.
The announcement came after the carrier reported NT$3.62 billion in net profit for the first three quarters of last year, up 132.64 percent from a year earlier, with earnings per share of NT$0.6, up NT$0.32 from the previous year.
In the nine-month period, the carrier posted NT$111.78 billion in consolidated sales, up 21.93 percent from a year earlier.
Eased border controls in the nine-month period enabled the company to generate 251.3 percent more profit from passenger flights than in the same period in 2021, with flights to North America, Southeast Asia and Europe being major sources of revenue, it said.
The company has forecast that the global passenger flight market would return to pre-COVID-19 pandemic levels next year, while the Asia-Pacific region is expected to see a return to those levels in 2025, as countries in the region rolled back virus curbs later than elsewhere.
EVA Airways, which is planning to pay its employees three months of salary as year-end bonuses, has not announced any wage increases.
In the first three quarters of last year, the airline posted NT$1.21 in earnings per share, compared with net losses per share of NT$0.11 in the same period of 2021.
Meanwhile, StarLux Airlines Co (星宇航空) is planning to pay employees one month of salary as year-end bonuses, saying that its revenue increased significantly after COVID-19 border controls were lifted.
Since its establishment in May 2018, StarLux had lost a cumulative NT$11.1 billion as of the end of September last year.
Three months earlier it posted cumulative losses of NT$9.598 billion since its inception.
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
TARIFF TRADE-OFF: Machinery exports to China dropped after Beijing ended its tariff reductions in June, while potential new tariffs fueled ‘front-loaded’ orders to the US The nation’s machinery exports to the US amounted to US$7.19 billion last year, surpassing the US$6.86 billion to China to become the largest export destination for the local machinery industry, the Taiwan Association of Machinery Industry (TAMI, 台灣機械公會) said in a report on Jan. 10. It came as some manufacturers brought forward or “front-loaded” US-bound shipments as required by customers ahead of potential tariffs imposed by the new US administration, the association said. During his campaign, US president-elect Donald Trump threatened tariffs of as high as 60 percent on Chinese goods and 10 percent to 20 percent on imports from other countries.