TransAsia Airways confirms IPO on 01-Nov-2011
TransAsia Airways confirmed (04-Oct-2011) it will be formally listed on the Taiwan Stock Exchange in Nov-2011. The carrier held its pre-IPO investor conference, outlining the following revenue share for 1H2011:
- Revenue share:
- Cross-Strait: Accounted for 30.9% of total revenue;
- Domestic: 25.0%;
- International scheduled: 24.9%;
- International charters: 8.4%;
- Agent: 3.1%;
- In-flight: 2.6%;
- Cargo: 2.2%;
- Other: 1.9%.
TransAsia also confirmed plans to expand its international route network in Nov-2011 with Kaohsiung-Hanoi, Kaohsiung-Nanning, Kaohsiung-Hefei, Hualien-Hangzhou and Hualien-Wuhan. No frequency details were disclosed.