TAIPEI (Taiwan News) – EVA Air’s ticket prices will remain high until the first half of 2024 as passenger numbers continue to increase on most international routes, but capacity cannot keep up and various costs increase.
EVA Air President Clay Sun (Sun Jiaming) said at a press conference on Monday (November 27) that passenger demand remains strong. Additionally, it has been reported that overall operational capacity has not yet fully recovered to pre-pandemic levels, leading to increased costs such as labor, catering, and fuel, leading to higher airfares. liberty times.
Sun said passenger demand for the upcoming winter holidays is very strong, with reservation rates in Northeast Asia, especially Japan, exceeding 90%, and travel agents continue to request more seats. CNA. In Southeast Asia, booking rates remain high amid Thailand’s decision to open up visa-free entry.
In addition, with the reduction of visa fees in Vietnam, demand for reservations to destinations such as Da Nang is also increasing. The company has maintained a 90% load factor on long-haul routes throughout the year, and the outlook for the future is “very bright.”
Sun said global passenger demand continues to recover in the wake of the pandemic. However, the pace of recovery in the Asia-Pacific region is relatively slow, Sun said.
Liao Zhiwei, executive vice president of the corporate planning department, told CNA that the soaring price of airline tickets will continue until the first half of next year. Liao added that it may take another year for competitors to recover due to operational constraints and limited growth in operational capacity.
Additionally, Sun said the company remains optimistic about next year’s cargo demand, driven by e-commerce and AI-related electronic products. He said the airline will receive its ninth Boeing 777 freighter next year, which will increase cargo capacity, destinations and frequency in the Americas and Asia.