Trading on the Emerging Stock Market, a preparatory board for the nation’s two main bourses, is restricted to securities firms, therefore the company’s shares would not be open to public subscription, Hsu said. Tigerair plans to shift its shares to the Taiwan Stock Exchange in the fourth quarter of next year, Hsu told the Taipei Times. CAL sold 45 million Tigerair Taiwan shares to its stockholders in September and now holds less than a 70 percent stake in its subsidiary. Tigerair Taiwan in August said it would add 15 new Airbus A320neo aircraft to its fleet from 2021. As the number of passengers to the two destinations has steadily increased, the carrier plans to raise ticket prices next year, which should help improve its profitability, he added.
