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Starlux Airlines invests 4.5 billion TWD in infrastructure and expands services
Starlux Airlines is significantly expanding its operational infrastructure through a series of major investments. The company has approved two major projects totaling over 4.5 billion TWD, which includes 4.227 billion TWD for a multi-functional building to serve as a training base for pilots and cabin crew, and 278 million TWD for foundational work on its corporate headquarters park. These projects follow a 2022 land acquisition in Taoyuan Aerotropolis worth approximately 8.96 billion TWD.
In addition to physical infrastructure, Starlux has obtained an aviation ground handling license from the Civil Aeronautics Administration. This allows the airline to expand beyond passenger and cargo transport by providing ground services to other domestic and international carriers, potentially turning its logistics capabilities into a new revenue stream.
Despite these expansions, the airline reported a net loss of 346 million TWD for the first half of the year, with an earnings per share (EPS) loss of 0.11 TWD. This loss is attributed to a 124% surge in international aviation fuel costs, which offset a 30% year-on-year increase in revenue. The company continues to grow its fleet and network, recently launching its first European route between Taipei and Prague.
Entities
Chang Kuo-wei · Civil Aeronautics Administration · Starlux Airlines · Taoyuan International Airport