China Airlines Ltd (CAL, 中華航空) has finalized an agreement with Airbus SE to buy 10 A350-1000 passenger aircraft, which the carrier plans to fly as its next flagship model on high-demand, long-haul routes.
CAL chairman Kao Shing-hwang (高星潢) and Airbus executive vice president for commercial aircraft sales Benoit de Saint-Exupery signed the deal yesterday at the carrier’s corporate headquarters at Taiwan Taoyuan International Airport.
CAL expects to take delivery of the 10 A350-1000 aircraft in 2029, the airline said in a statement. It will be a new model in its fleet and be used on high-demand routes to European and North American designations, including London and New York, it said.
Photo: Chu Pei-hsiung, Taipei Times
CAL said it also has an option to purchase five more A350-1000s, while the 15 A350-900s currently in its fleet will undergo a cabin upgrade starting in 2027.
Meanwhile, Kao told reporters at the signing ceremony that CAL is set to see its current fleet of 83 aircraft further expand to 90-95.
Nine more A321s will be delivered slightly behind schedule, and Boeing Co is set to ship CAL’s first B787 jet between late this year and early next year.
He also offered a positive outlook for CAL this year after it posted record revenue and net profit for last year, forecasting that the total number of passengers the carrier carries this year will exceed the level recorded in 2019, the last year before the COVID-19 pandemic hit.
According to Kao, the Asia-Pacific aviation market is still expected to see double-digit percentage growth, but ticket fares are not expected to drop, because of the high cost of sustainable aviation fuel.
‘SWASTICAR’: Tesla CEO Elon Musk’s close association with Donald Trump has prompted opponents to brand him a ‘Nazi’ and resulted in a dramatic drop in sales Demonstrators descended on Tesla Inc dealerships across the US, and in Europe and Canada on Saturday to protest company chief Elon Musk, who has amassed extraordinary power as a top adviser to US President Donald Trump. Waving signs with messages such as “Musk is stealing our money” and “Reclaim our country,” the protests largely took place peacefully following fiery episodes of vandalism on Tesla vehicles, dealerships and other facilities in recent weeks that US officials have denounced as terrorism. Hundreds rallied on Saturday outside the Tesla dealership in Manhattan. Some blasted Musk, the world’s richest man, while others demanded the shuttering of his
ADVERSARIES: The new list includes 11 entities in China and one in Taiwan, which is a local branch of Chinese cloud computing firm Inspur Group The US added dozens of entities to a trade blacklist on Tuesday, the US Department of Commerce said, in part to disrupt Beijing’s artificial intelligence (AI) and advanced computing capabilities. The action affects 80 entities from countries including China, the United Arab Emirates and Iran, with the commerce department citing their “activities contrary to US national security and foreign policy.” Those added to the “entity list” are restricted from obtaining US items and technologies without government authorization. “We will not allow adversaries to exploit American technology to bolster their own militaries and threaten American lives,” US Secretary of Commerce Howard Lutnick said. The entities
Minister of Finance Chuang Tsui-yun (莊翠雲) yesterday told lawmakers that she “would not speculate,” but a “response plan” has been prepared in case Taiwan is targeted by US President Donald Trump’s reciprocal tariffs, which are to be announced on Wednesday next week. The Trump administration, including US Secretary of the Treasury Scott Bessent, has said that much of the proposed reciprocal tariffs would focus on the 15 countries that have the highest trade surpluses with the US. Bessent has referred to those countries as the “dirty 15,” but has not named them. Last year, Taiwan’s US$73.9 billion trade surplus with the US
Prices of gasoline and diesel products at domestic gas stations are to fall NT$0.2 and NT$0.1 per liter respectively this week, even though international crude oil prices rose last week, CPC Corp, Taiwan (台灣中油) and Formosa Petrochemical Corp (台塑石化) said yesterday. International crude oil prices continued rising last week, as the US Energy Information Administration reported a larger-than-expected drop in US commercial crude oil inventories, CPC said in a statement. Based on the company’s floating oil price formula, the cost of crude oil rose 2.38 percent last week from a week earlier, it said. News that US President Donald Trump plans a “secondary