EVA Air was made possible when the government of Taiwan adopted new measures which effectively lifted restrictions on their air transport industry. The eventual result was EVA beginning flight operations in late 1989 with domestic routes. The company put forth many efforts with hopes of spreading out their business from the 1990′s and into the 2000′s. Still they were hit hard, just like all the other airlines, upon the hike in fuel prices which caused many changes and also a slowing of expansion. Yet this privately owned airline was swift in making changes and this allowed them to speedily make profits. This strong airline from Taiwan has some fascinating facts which we will reveal.
The home office of this company is actually based in Taiwan in a city called Luzhu. The person responsible for the management of this international company is Chang Kuo-wei. Most of the more technical aspects of business management are handled by the board members under Chang Kuo-wei’s supervision. The Chairman of EVA, Lin Bou-shiu, provides the main leadership role, and this is a recent development as of 2011. EVA is involved with partnerships outside of air passenger carriers. Other aspects of this company include Evasion travel services to name a few.
There are other aviation related areas in which EVA is involved. One very large part of this airline is their EVA Air Cargo division which flies internationally. They are able to transfer freight from one point to another using Evergreen as their primary company. EVA tries to handle every possible shipping aspect available. Operations that are short in duration, specifically in regard to freight hauling, is taking care of locally as well near Taiwan. Combined with their ground services, they also lease airplanes and service them as well.
When fuel prices increased more than 35% in 2007, the airline industry, including EVA, suffered a monetary crisis. The company incurred heavy losses due to this even though all airlines were trying to deal with this scenario, as well. Even in Taiwan, an airline like EVA, is completely at the mercy of oil prices for the continuation of the business. When survival is at stake, companies take drastic steps to counteract big losses, and that is what airlines had to do. To keep their company alive, EVA had to change the schedule of flights, and reduce staffs, in order to cut enough costs to remain in business.
This airline, EVA, is fiscally sound and continues to make profits and expand in the marketplace. Going from absolutely nothing to a market of international size is a very difficult task. The airline needed to secure their operations and coverage at home in Taiwan. By merging with other Asian carriers, they were able to accomplish what seemed to be impossible in regard to company growth and profits. However, they were able to begin expanding internationally while they worked on the domestic situation at home in Taiwan.
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