Airlines’ losses could have been much worse: LinBy Shelley Shan / Staff reporterThe nation’s airlines would have sustained greater financial losses if it were not for the government relief package and booming air cargo service market, Minister of Transportation and Communications Lin Chia-lung (林佳龍) said yesterday. Civil Aeronautics Administration (CAA) statistics showed that all of the airlines reported financial losses during the first half of this year due to the COVID-19 pandemic. Photo: Cheng Wei-chi, Taipei TimesCAL’s subsidiary Mandarin Airlines and EVA’s Uni Air sustained NT$340 million and NT$18.40 million in losses respectively. “The financial losses sustained by Taiwanese flight carriers have been relatively smaller compared with those of international carriers in other countries,” he added. Revenues from an increase in their air cargo services helped compensate local airlines for their losses, he said.

Source: Taipei Times September 15, 2020 15:56 UTC