Friday, July 29, 2011

EVA Air And Its Catapult To Fame And Dominance

By Bernard Petronus Xavier


EVA Air was created when the governing powers of Taiwan embraced some new rules which were efficient in lessening some constraints of their air transport industry. Domestic routes commenced at the end of 1989 and that was the ultimate outcome for EVA. In order to swell their business, the company toiled many long hours from the late twentieth and into the twenty-first century. Nevertheless, similar to all airlines, they were impacted immensely, after the price of fuel went "sky high" and changes became obligatory, and growth crawled. Although this privately held company was prompt in making modifications and this let them make profits at once. We will present to you some exciting information about this prodigious airline based out of Taiwan.

Luzhu, Taiwan, is where EVA has its main headquarters. When it comes to business management operations, that function is the responsibility of the company president who is Chang Kuo-wei. Board members make up a secondary aspect of how this company is operated. The direction of the company is under the helm of Lin Bou-shiu who has been in this position since 2011. Increased revenue for the company over the last few years has been a result of deviating from only passenger carrier flights. UNI Holidays is another part of this airline that is geared toward the travel industry.

EVA operates out of Taiwan's Taoyuan International Airport which is located near Taipei, Taiwan. You can fly to more than 40 places in Europe, Australia, Asia, the US and Canada. China Airlines is the biggest operating airline company in Taiwan, with EVA coming in second. Something attention-grabbing is that, even though China Airlines is larger, EVA has been celebrated for a superior record of safety. The safety feats of EVA have been noted by the airline industry. Recently, EVA has migrated into the top 10 rankings for airlines around the world.

EVA is a mostly privately held company, even though they did begin offering stocks in 2001. The Stock Exchange of Taiwan lists EVA. Nearly all of the holdings, on the other hand, have been and continue to be privately held. The impacts all through the airline industry have becoming quite extensive following 9/11. Those that were disturbed were not capped to the US centered airlines just because of the affect on flight services in the US. Unlike several other businesses in 2002, EVA retorted the most excellent way feasible for them and they were lucky enough to stay in business.

EVA Air has continued to demonstrate what is possible with smart planning and strategic thinking. They got some command early on in the nineties with a lot of mergers with localized airlines and chief alliances. However, EVA remained the name of the consortium that absorbed the other airlines. Despite the fact they EVA had to make some decent sized changes to their budget in the beginning of the twenty-first century, it still took them a bit of time before they decided to post their initial profits. The end of the first decade of the 21st century looks terrific and promising for Taiwan's own airline.

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