23 Feb
Posted by Allison Thomas as Corporate Finance
He made the remarks during the airline’s spring reception held in Taipei.
He said calmness and stability will set the tone for the market this year, after last year’s drastic upswing in which companies reported stunning sales and profits.
However, there are still uncertainties facing airline operators, including a rise in oil price in the wake of the unrest in the Middle East, as well as possible volcanic eruptions in Europe that would affect Eva Air’s European routes.
To respond to a rise in oil, Eva Air has stepped up its fuel hedging operations and announced several fuel conservation measures.
He said both Eva Air and Uni Air operating under it have plans to replace old planes with new ones this year.
As for how he has been holding up over the past few months as Eva Air’s chief executive, Chang admitted he felt a lot of pressure working the job.
Chang is the son of Evergreen Group founder Chang Jung-fa, who has asked his son to turn Eva Air into Taiwan’s “most profitable” airline.
“As a professional manager, I will do my job the best I can as a way to repay my dad for raising me,” he said.
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