TAIWANESE carrier eva Air saw a 70 per cent increase in revenue compared to the previous year, with the carrier planning to bolster its cargo division in the future, reports London's Simply Flying.
EVA Air reported US$231.34 million in net profit over the past year, with revenues up by 15 per cent from 2020.
The carrier's return to profitability was aided by its cargo division, which saw record demand for cargo services over 2021.
The carrier owes a lot of its income to its cargo division, consisting of eight Boeing 777Fs.
Overall revenue was up 15 per cent to $3.6 billion. Gross margin also rose from 9.61 per cent to 18.6 per cent.
'We hold an upbeat outlook for air cargo business, so we have redesigned the allocation of jets. Once the ratio of our cargo revenue to all revenue grows, our competitiveness will be enhanced,' said EVA Air president Clay Sun.
SeaNews Turkey
EVA Air reported US$231.34 million in net profit over the past year, with revenues up by 15 per cent from 2020.
The carrier's return to profitability was aided by its cargo division, which saw record demand for cargo services over 2021.
The carrier owes a lot of its income to its cargo division, consisting of eight Boeing 777Fs.
Overall revenue was up 15 per cent to $3.6 billion. Gross margin also rose from 9.61 per cent to 18.6 per cent.
'We hold an upbeat outlook for air cargo business, so we have redesigned the allocation of jets. Once the ratio of our cargo revenue to all revenue grows, our competitiveness will be enhanced,' said EVA Air president Clay Sun.
SeaNews Turkey
