Starlux Airlines Turns Profitable in Q1, Plans NT$2 Billion Bond Issuance and 300 Million Share Capital Increase
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AI Summary (NQ-processed)
Starlux Airlines announced its first-quarter results, turning profitable after two consecutive quarters of losses, with an earnings per share of NT$0.3. The company plans to issue NT$2 billion in unsecured convertible bonds and conduct a cash capital increase of 300 million common shares. Additionally, to support the introduction of three new A330-900 aircraft, Starlux will adopt a sale-and-leaseback model to enhance capital utilization efficiency.