Loading
5-Oct-2011 12:20 PM

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.

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More