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STARLUX Airlines records Q1 2025 profit, plans issuing corporate bonds
May 21st 2026
Taiwan’s STARLUX Airlines recorded a first-quarter net profit of NT$910 million (US$28.87 million), or NT$0.3 in earnings per share, compared with a loss per share of NT$0.15 and NT$0.07 in the third and fourth quarters of 2025, respectively. Read More » The consolidated sales during the period reached NT$13.76 billion, a 23% more than in the first quarter last year. The average passenger load factor was 87%. The carrier said it has benefited from some passengers rerouting through Taiwan due to the Middle East conflict. At the same time, cargo revenue reached NT$1.18 billion, marking a 28% year-on-year increase, boosted by strong global demand for electronics components and AI-related devices, and by the tendency of some buyers to shift to air cargo services from marine services amid growing geopolitical unease.
STARLUX announced it plans to raise funds to repay some of its loans and optimize its financial structure by selling NT$2 billion in five-year unsecured convertible corporate bonds and issuing 300 million new common shares in a rights issue. The carrier also announced the sale and leaseback of three Airbus A350-900 aircraft, as well as an agreement with FCB Leasing and Taishin D.A. Finance.
