Company History

Date of Incorporation :April,07,1989

 

Major Milestones

 

1988~1990

On September 1, 1988 at the celebration for the 20th birthday of Evergreen Marine Corporation, Group Chairman Y. F. Chang announced that Evergreen would launch an international airline. EVA was officially formed in March 1989. After careful deliberation, the fledgling airline signed a contract with Boeing/McDonnell Douglas for 26 aircraft at a total purchase value of US$3.6 billion, and immediately captured the attention of the global airline market.

 

1991

EVA accepted delivery of its first two Boeing 767-300ERs in April, and made its inaugural flight on July 1. Within that first week, the new airline opened five destinations in Asia -- Bangkok, Seoul, Jakarta, Kuala Lumpur and Singapore.

 

1992

The comprehensive EVA Training Center opened in July, and the carrier’s first two all-passenger Boeing 747-400s were delivered in November. EVA used the first flights of the new aircraft to launch its Taipei-Los Angeles route and introduce its four classes of cabin service, including the debut of its trend-setting Evergreen Deluxe Class in-between Economy and Super Business.

 

1993

EVA set new standards and heightened expectations by expanding its network to more than half a dozen new destinations, and by launching service to London, Paris, Seattle, New York, San Francisco and Sydney.

 

1994

EVA made the greatest number of new aircraft additions to its fleet this year, purchasing a total of eight, including three MD-11s, one Boeing 747-400 and four Boeing 767-200s. The airline also added Hawaii, Bali, Fukuoka and Auckland routes to its network.

 

1995

The carrier purchased three MD-11 freighters and began to vigorously develop air cargo operations. It set goals emphasizing passenger and cargo services equally. And it used joint operations and land transportation to successfully extend EVA Cargo services worldwide.

 

1996

Enhancing the high quality of its operations, EVA applied for ISO-9002 certification. Within the next year, its passenger service, cargo service and aviation maintenance operations were all three granted ISO-9002 international certifications simultaneously. EVA achieved ISO-9001:2000 certification in 2001.

 

1997

Ensuring consistent service quality, EVA and Singapore Airlines formed Evergreen Sky Catering Corporation as a joint venture and in February, began providing in-flight catering services.

 

1998

Promoting air safety, EVA signed a joint-venture contract with General Electric and established Evergreen Aviation Technologies Corporation on February 24. That same day, a powerful new engine test cell was placed in operation, and the new joint venture began an aggressive campaign to raise the standards of the aircraft maintenance business.

 

1999

Earning brilliant results with both passenger and cargo service, EVA produced outstanding operating performances for five successive years. The Securities and Futures Commission (SFC) of Taiwan approved its admission to the exchange, and on October 27, EVA shares began to be traded on the over-the-counter market.

 

2000

In anticipation of future needs and to expand its fleet, EVA signed a purchase contract in June with the Boeing Company for 15 Boeing 777-200X/300Xs that included a firm order for seven of the aircraft and an option for eight more. Deliveries began in 2005. The carrier relocated its hub to the brand-new Terminal 2 at Taoyuan International Airport at the end of July.

 

2001

EVA committed to add more new, technologically advanced aircraft to its fleet in March by signing a purchase contract for eight Airbus A330-200s and making plans to start taking deliveries in 2003. EVA also secured approval to transfer its stock listing from OTC and on 17 September, moved its shares to the Taiwan Security Exchange (TSE).

 

2002

EVA launched its online booking system on January 9. It gained approval to add 24 passenger flights on its thriving Hong Kong route and to begin new freighter service. It also introduced a new slogan “Just relax, your home in the air.”

 

2003

EVA debuted stylish new cabin-crew uniforms on April 1, took delivery of its first A330-200 on June 26 and introduced its new generation of a top cabin class, Premium Laurel, along with an upgraded economy class and an awesome, state-of-the-art Audio/ Video on Demand system.

 

2004

EVA exercised an option for eight Boeing 777-300ERs that was part of the firm purchase contract executed with Boeing in June 2000, expanding its fleet by a total of 15 brand-new Boeing 777-300ERs. Deliveries of the new aircraft started in 2005 and will continue through 2010.

 

2005

EVA took delivery of its first two of fifteen Boeing 777-300ERs and introduced the extra-roomy, exceptionally comfortable new aircraft to passengers on the Bangkok and London with an inviting new slogan, “Sharing the World, Flying Together.”

 

2006

EVA opened its new Southern China Cargo Center in Hong Kong, enabling it more efficiently and quickly to move air freight shipments in and out of the region.

 

2007

EVA received 2007 The Richard Teller Crane Founder’s Award from the international Flight Safety Foundation for “its corporate leadership in aviation safety programs and its superb safety records.” In the five years since the coveted award was established, EVA is the first Asian airline and only the second airline among all recipients to receive it.

 

2008

Readers selected EVA as the Best Airline for Premium Economy in Global Traveler magazine’s fifth annual GT Tested Survey. The international business-travel publication surveyed its readers between January 1 and August 31, 2008, inviting them to identify “the best” in 55 categories of business and luxury travel. Readers returned 31,457 completed questionnaires.

 

2009

EVA launched the regular cross-strait flights (30 flights per week) from August 31 2009 from Taipei, Taoyuan, and Kaohsiung to Beijing, Shanghai, Guangzhou, Hangzhou, Tianjin, and Ningbo.

 

2010

EVA added new service from Taipei’s Songshan Airport to Shanghai’s Hongqiao International Airport started from June 14, 2010. It complemented EVA’s current nine flights a week between Taoyuan International Airport and Pudong International Airport.

 

2011

Belgium’s Brussels Airport has honored EVA Cargo with its 2010 Network Development Award Cargo Airline. This event marked the airport’s fourth consecutive awards program to recognize outstanding cargo and passengers carriers for punctuality and efficiency, environment and safety, and network and route development.

 

2012

Star Alliance accepted the membership application of EVA on March 29, 2012. By 2013 the integration process would be scheduled to complete.

 

2013

EVA joined the Star Alliance network in June 2013, further strengthening the Alliance’s presence in Asia/Pacific. In December 2013, EVA and Singapore Airlines teamed up on Taipei-Singapore flights, gave passengers more choices.

 

2014

EVA ranked AirlineRatings.com's World Safest Airlines Top Ten list.

 

2015

EVA has been recognized as one of AirlineRating.com’s “World’s Top-10 safest Airlines” and as “Best Long-Haul Airline in Asia Pacific.” Also, EVA has been ranked third among the world’s safest airlines on the annual index reported by Germany’s AERO International Magazine.

EVA ranked “The World’s Top Ten Best Airlines” and “Best Airline Cabin Cleanliness” in SKYTRAX’s 2015 World Airline Awards.

EVA signed agreements with the Boeing Company to introduce twenty-four Boeing 787 Dreamliners and two additional Boeing 777-300ERs.

 

2016

AirlineRatings.com has ranked EVA among the world’s safest airlines for the third year in a row. Moreover, EVA continues to hold the third position among the world's safest airlines in an annual index compiled by Germany's Jet Airliner Crash Data Evaluation Centre (JACDEC). On the other hand ,the Company received the highest honor in airline service quality of SKYTRAX 5-Star Rating, the world eighth best airline and named as the “Best Transpacific Airline”, with the “Best Business Class Comfort Amenities”as well as the world’s third“Most Loved Airlines”. Other awards include Global Traveler Magazine’s “Best Airport Staff/Gate Agents”award, “Leisure Lifestyle Award for Outstanding Customized Service”(Hello Kitty Jets),and the eighth on the Travel+Leisure Magazines’s 2016 “The World’s Best International Airlines ”.

 

2017

The leading magazine Business Traveller announced that EVA is awarded the Gold Medal of 2016“Best Business Class Cellar”and “Best First Class Sparkling”. Besides, Infinity Lounge in Taoyuan Airport is rewarded as 2016“Top 10 First and Business Class Airline Lounges” by SKYTRAX. Also, EVA won CAA’s 2016“Golden Flyer Award” for International and Cross-strait Route Group.

 

Market and Sales Overview

 

Founded in March 1989, EVA Air, a one-hundred-percent privately owned Taiwanese airline, is the sister company of Evergreen Marine Corporation, which is the world famous shipping line in terms of container operation.  Since the inauguration of its maiden flight  on July 01, 1991, EVA Air is currently serving 62 destinations over four continents, except Africa, with 78 aircraft and is still steadily expanding its operation network and fleet.
Chairman:Lin Bou-Shiu
President:Chen Hsien-Hung

Major Shareholder:
Evergreen Marine Corporation
Evergreen International Corporation

 

Fundamental:

Market Capitalization as of Oct. 31, 2017:
NT$ 61,975,718 thousand
Shares Outstanding as of Oct. 31, 2017:
Common Stock: 4,173,449 thousand shares

 

Financial performance for the past five years: 

Unit: NT$1,000

Adoption of IFRSs201620152014

2013

2012

Operating Revenue

115,495,819 115,892,656  116,921,858110,747,462107,147,807

Gross Operating Profit

15,883,488  17,352,315 9,570,77810,284,5968,075,673

Operating Income(loss)

4,961,439  7,372,937 636,2361,588,253196,107

Non-operating income and expenses

(593,405)  (833,408) (1,514,317)(686,542)557,916

Net Income(loss)

3,476,004 6,436,425  (1,306,724)747,450655,200

EPS (NT$)

0.86  1.61 (0.38)0.220.19

EVA Air's Quality Assurance:

Safety and Convenience
Excellent Services
Customer Satisfaction
 

Marketing Alliances with Other Airlines:

Passenger:

Air Canada, Air China, Air India,All Nippon Airways, Asiana Airlines, Avianca, Bangkok Airways, Hainan Airlines, Hong Kong Airlines, Shandong Airlines, Shenzhen Airlines, Thai Airways, Singapore Airlines, Turkish Airlines, Uni Airways, United Airlines.

 

Cargo:

Air China Cargo.

 

EVA Air's Affiliate: (As of Nov. 01, 2017)

Company% of ownership

Evergreen Aviation Technologies Corp.

80%

Evergreen Airline Services Corporation

56.33%

Evergreen Sky Catering Corporation

49.80%

Evergreen Air Cargo Services Corporation

60.625%

Evergreen Airways Service (Macau) Ltd.

99%

RTW Air Services(S) Pte. Ltd.

49%

Hsiang-Li Investment Corporation

100%

PT Perdana Andalan Air Service

51%

Sky Castle Investment Ltd.

100%

EVA Flight Training Academy

100%

Evergreen Aviation Precision Corporation

40%

Major Shareholders:(As of Apr. 28, 2017)

EntityNumber of SharesPercentage
Evergreen Marine Corp.(Taiwan)Ltd.660,957,39016.31%
Evergreen International Corp.493,156,67612.17%
Falcon Investment Services Ltd.463,989,19111.45%
Evergreen Steel Crop.204,445,5775.05%
Chang,Yung-Fa118,489,7392.92%
Chang,Kuo-Cheng78,705,1111.94%
New Labor Pension Fund55,969,9301.38%
Chang,Kuo-Ming50,251,3671.24%
Shin Kong Life Insurance Co.,Ltd.44,804,0001.11%
Evergreen International Storage&Transport Corp.39,947,7150.99%

Operational Data in Year 2016:

Passenger:

Number of Passenger Flown11,243,505
Revenue Passenger Kilometer (RPK)40,945,741,501
Available Seat Kilometer (ASK)51,165,815,232
Load Factor80.03%
Revenue(NT$)85,752,229,635

Cargo :
Total Freight Tonnage610,993
Freight Tonnage Kilometer (FTK)3,566,532,113
Available Freight Tonnage Kilometer (AFTK)4,315,191,466
Load Factor82.65%
Revenue(NT$)20,841,362,233

Employee : (As of Oct. 31, 2017)

Pilot1,232
Flight Attendant4,568
Administration Staff5,479
Total:11,279

 

Main Business and Services

 

The Services

 

EVA Air Network: (As of Nov. 01, 2017)

AmericaAnchorage*Atlanta*Dallas*JFKLos AngelesChicagoSeattle
San FranciscoVancouverTorontoHouston 
OceaniaBrisbane     
EuropeAmsterdamLondonParisVienna 
AsiaBangkokJakartaSapporoTaichungBaliFukuokaHanoi
Hong KongSeoulKaohsiungOsakaKomatsuKuala LumpurMacau
ManilaNaritaHakodatePenang*Phnom PenhSendaiHo Chi Minh City
SingaporeTaipeiHanedaSongshanGimpoOkinawaCebu
Asahikawa
Mainland ChinaGuangzhouChonging*ZhengzhouChengduHangzhouHarbinGuilin
NingboBeijingPudongHongqiaoJinanTianjinTunxi
HohhotTaiyuanShenzhen*

*dedicated freighter destinations
Total: 62 destinations

 

EVA Air Fleet: (As of Nov. 01, 2017)

Aircraft TypeIn ServiceTo Be Delivered
B747-4001 
B747-400 (Freighter)5 
B777-300ER34
A330-2003 
A321-20024
A330-300 9
B777 F (Freighter)05
ATR72-6002
B787-10020
B787-904
Total: 78 Aircraft in service

 

Organization

According to Articles of Incorporation of EVA Airways Corporation, the Company has to elect minimum 7 to maximum 9 directors during Annual General Shareholders Meeting. The tenure of the directors shall be 3 years. The directors shall consist Board of Directors which is responsible for determining and executing the Company’s relative business. The Board of Directors shall elect a Chairman of the Board Directors from among the directors by a major vote at a meeting attend by over two-third of the directors, and may also elected a Vice Chairman in the same manner. The Chairman shall be the representative of the Company to manage all the business operation.
To strengthen Corporate Governance and enhance the ability of Board of Directors, the Company sets up Remuneration Committee and Audit Committee which are subordinated under Board of Directors. The Remuneration Committee is responsible for periodically reviewing the remuneration policies of directors and managers and stipulating a reasonable remuneration for them according to their devotion on company operation. The Audit Committee is mainly responsible for monitoring the fair presentation of the Company’s financial statements, the appointment, dismissal and independence of CPA as well as the effectiveness of the Company’s internal control.
The Company also appoint one President to handle the Company’s business according to the resolutions of Board of Directors. The appointment and dismissal of the President shall be decided by a resolution to be adopted by majority vote of the directors at a meeting of the Board of Directors attended by at least a majority of the entire directors of the Company.

 

DepartmentDescription

Auditing Div.

Responsible for the inspection and evaluation of internal control to promote operating performance.

Legal & Insurance Div.

Responsible for insurance affairs, contracts examinations, legal consultation and litigation.

Public Affairs Div.

Responsible for advertising, planning PR activities and corporate image marketing.

Human Resources Div.

Responsible for human resources management, recruiting and the execution of general training programs.

General Affairs Dept.

Responsible for the training center maintenance, dormitory operations, receptions for visiting, the employee cafeteria operations and so on.

Clinic Div.

Responsible for arranging employee’s regular health examinations, medical consultation and general medical treatments.

Finance Div.

Responsible for accounting, stocks and tax processing, the cost calculation and the revenue auditing of passenger and freight management, capital allocation control and so on.

Corporate Safety, Security & Environment Div.

Responsible for promoting flight safety, employee’s safety training, the company’s safety, health and environment-related policies, preservation of aircrafts and at airport stations, the execution and supervisory of emergency disposal.

Occupational Safety & Health Div.

Responsible for the planning and implementation of occupational safety and health management.

Corporate Planning Div.

Responsible for developing the company's management principles, analyzing the managing efficiency, planning flight routes, fuel procurement and negotiations of the freedoms of the air, etc.

Operation Management Dept.

Responsible for the worldwide station operation managements, planning and managing the Star Alliance and concerning projects.

Information Management Dept.

Responsible for the management of operating information systems.

Passenger Management Div.

Responsible for the worldwide passenger revenue management ,pricing strategy development and concerning matters .

Passenger Business Div.

Responsible for passenger sales-related management and concerning matters for Taiwan.

Customer Service Div.

Responsible for reservations and ticketing, service quality checks and customer care.

Cargo Div.

Responsible for the worldwide freight revenue management, pricing strategy development, concerning sales-related matters and operating affairs.

Loyalty Marketing Dept.

Responsible for planning rewards approaches for EVA Air members, contracting with alliance airlines and cross-industries, participation and implementation of the Star Alliance member’s projects.

Flight Operations Div.

Responsible for the pilot’s scheduling, management and training, flight dispatch, analyzing aircrafts performances and fuel consumption of routes, formulating operating manual for aircrafts.

Cabin Crew Div.

Responsible for the flight attendant’s scheduling, management and training, formulating standard operating procedures, etc.

Cabin Service Div.

Responsible for the development, procurement, marketing and warehousing of duty-free items, cabin service supplies, sky shop and LOGO commodities and sky catering management, etc.

Engineering & Maintenance Div.

Responsible for the aircraft's maintenance program, the purchase and control of ground equipment and aircraft spare parts and so on.

Airport Div.

Responsible for the passenger immigration related affairs and airlines dispatch.

Sky Jet Center

Responsible for the hosting, maintenance and ground handling affairs of business jets.

Computer Div.

Responsible for the design and maintenance of computer programs, the procurement of computer equipment and maintenance and the consulting of operation computer system.

Foreign Branches

Responsible for the branch’s development and promotion of passenger and freight related businesses  overseas.

 

Management Team

TitleNameEducation and Experience

President

Chen Hsien-Hung

Bachelor degree in Department of Diplomacy, National Chengchi University

Chairman, Uni Airways Corp.

Chief Executive Vice President

Ho Ching-Sheng

Master degree in Aviation Safety, University of Central Missouri

Deputy Senior Vice President, Auditing Div.

Lee Yi-Chung

Bachelor degree in Accounting, Tunghai University

Deputy Senior Vice President, Evergreen Aviation Technologies Crop.

Senior Vice President, Legal & Insurance Div. 

Hsu, Hui-Sen

Master degree in Law of the Sea, National Taiwan Ocean University

Legal Affairs (Senior Vice President), Group Management Head Office

Executive Vice President, Public Affairs Div. 

Kou Jin-Cheng

Bachelor degree in Navigation, National Taiwan Ocean University

General Manager in China, Group Management Head Office

Executive Vice President, Human Resources Div.

Pu Wei-Ping

Bachelor degree in Law, Chinese Cultural University

Human Resources (Executive Vice President), Group Management Head Office

Senior Vice President, General Affairs Dept.

Soong Allen

Department of Tourism, World College of Journalism

Doctor, Clinic Div.

Liu Yu-Ching

Bachelor degree in Medicine, National Taiwan University

Executive Vice President, (Financial Officer), Finance Div.

Tsai Ta-Wei

Bachelor degree in Accounting, Chinese Cultural University

Chief Executive Vice President, (hold a position of) Corporate Safety, Security & Environment Div.

Ho Ching-Sheng

Master degree in Aviation Safety, University of Central Missouri

Executive Vice President, Corporate Planning Div.

Liao Chi-Wei

Master degree in Marine Biology, National Sun Yat-sen University

President (Junior Vice President), EZFLY.COM Corporation

Deputy Senior Vice President, Operation Management Dept.

Lin Ta-Yuan

Bachelor degree in Economics, Feng Chia University

Deputy Senior Vice President, Information Management Dept.

Chiu Chung-Yu

Bachelor degree in Mechanical Engineering, Feng Chia University

Executive Vice President, Passenger Management Div.

Sun Chia-Ming

Bachelor degree in International Trade, Chinese Cultural University

Executive Vice President, Passenger Business Div.

Li Shyh-Liang

Bachelor degree in Traffic and Transportation Management, Feng Chia University

Senior Vice President, Customer Service Div.

Lu Yu-Chuan

Bachelor degree in Business Administration, Fu Jen University

Junior Vice President, Evergreen Aviation Technologies Corp.

Senior Vice President, Cargo Div.

Chuang Shih-Hsiung

Bachelor degree in Animal Science and Biotechnology, Tunghai University

Deputy Senior Vice President, Loyalty Marketing Dept.

Liu Ying-Chun

Bachelor degree in Spanish, Tamkang University

Executive Vice President, Flight Operations Div.

Chen Yeou-Yuh

Bachelor degree in Maritime Science, Tamkang University

Executive Vice President, Cabin Crew Div.

Yang Yung-Heng

Bachelor degree in Business Administration, Chinese Cultural University

Senior Vice President, Cabin Service Div.

Chen Yao-Min

Department of Tourism, World College of Journalism

Executive Vice President, Engineering & Maintenance Div.

Fang Tian-Hwai

Bachelor degree in Marine Engineering, Tamkang University

Executive Vice President, Evergreen Aviation Technologies Corp.

Executive Vice President, Airport Div. 

Yeh Shih-Chung

Bachelor degree in Industrial Managemet, National Taiwan University of Science and Technology

Office Chief (Junior Vice President), Sky Jet Center

Lee, Kang

Bachelor degree in Traffic and Transportation Management, Feng Chia University

Executive Vice President, Computer Div.

Fang Gwo-Shianng

Bachelor degree in Computer Science, Feng Chia University

Deputy Junior Vice President, Evergreen IT Corp.