Tigerair Taiwan Chairwoman: Every Flight is Profitable; Aiming for Record Revenue This Year, Profit No Less Than Last Year
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Tigerair Taiwan's Chairwoman, Huang Shi-hwei, announced at a media briefing on May 20th that by adjusting routes in the first quarter, the company has achieved its goal of 'every flight being profitable.' She noted that by removing unprofitable routes like Ibaraki and Asahikawa, the company's financial health has significantly improved. Q1 revenue reached NT$5.538 billion, a 19.6% year-over-year increase, with a net profit after tax of NT$1.335 billion, up 41.6%. Huang expects the average load factor to exceed 90% this year, and with rising oil prices pushing up fares, revenue is set to hit a new high, while the profit target is to be no less than last year's.