Tigerair Taiwan reported nine-month net income of NT$1.97 billion ($62 million), falling 20.5% from the prior year, as maintenance provisions and aircraft investments squeezed margins despite steady revenue. The budget carrier’s earnings per share reached NT$4.28 for the period ending September.
Revenue totaled NT$12.59 billion ($395 million) through the third quarter, matching 2024 levels, while maintaining September load factors above 85%. The China Airlines subsidiary attributed the profit decline to higher engine maintenance reserves and capital spending tied to fleet expansion.
The board approved leasing additional engines and extending one aircraft rental agreement. Tigerair expects its own new aircraft to enter service next year with more aggressive flight schedules.
Management anticipates improved fourth-quarter sales, citing the government’s planned NT$10,000 ($312) cash distribution beginning November and the upcoming ITF Taipei International Travel Fair running November 7-10. The airline projects sustained high load factors through the peak year-end travel period into summer 2026 flight bookings.
The carrier plans December route launches from southern Taiwan to Japan, including dual Kumamoto services from Kaohsiung and Tainan starting December 23, marking Tainan’s first international route. An additional Tainan-Okinawa service begins December 25. Kumamoto becomes Tigerair’s 23rd Japanese destination, reinforcing its position among Taiwanese carriers serving Northeast Asia.
