EVA blames sky-high fuel for red ink

EVA Airways Corp, the nation's second-largest carrier, said it may remain in the red this year, despite falling fuel prices.
"The recent decline in fuel costs will help our profit for next year rather than helping turn around our finances this year," EVA Airways senior vice president Nieh Kuo-wei said yesterday. The airline is banking on growing traffic on the Taipei-Mumbai route with its launch of direct flights to India's largest and most populous city.
In addition to Taiwanese tourists and Indians working in Taiwan, the flights will also serve business passengers transiting from North America, whom the airline expects to fill half the seats on the route, Nieh said.
EVA Airways launched a cargo service between Taipei and Mumbai in 1999, followed by Taipei-New Delhi cargo flights in 2003.
China Airlines began regular passenger flights between Taipei and New Delhi in 2001.
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16/11/06 Jessie Ho/Taipei Times, Taiwan

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