Reported 8 months ago
Starlux Airlines' founder Zhang Guowei confidently declared at the shareholder meeting that last year was the last loss-making year, aiming to surpass China Airlines and EVA Air's profitability within 10 years. This boosted the stock price, which surged by 18% in two days, exceeding China Airlines' price with an increase of over 11% in a day, reaching a new high price in nearly 10 months and challenging EVA Air's stock price of 36-37 yuan. The aviation market is also benefiting from the AI trend, with Starlux planning to open four new routes in the second half of this year.
Source: YAHOO