China Airlines Strategic and Financial Overview
Recovery continues as passenger demand remains strong
million/person
13.5
12
10.5
Taoyuan International Airport
Passenger Volume
Arrival/Departure/Transit
9
-44%
7.5
10
6
4.5
3
vs 2019 levels
-89%
-96%
-98% -98%
-98%-98% -98% -98% -98%
-99%
✈ 06/15 3+4 quarantine / weekly cap of arrivals 25,000
✈ 07/07 weekly cap of arrivals increased to 40,000
✈08/15
0822
remove requirement that inbound passengers should provide
COVID-19 PCR test result / weekly cap of arrivals increased
to 50,000
✈ 09/12
reinstate visa-exempt entry for US, Canada, New Zealand,
Australia, countries in Europe, and diplomatic allies
✈ 09/29 weekly cap of arrivals increased to 60,000
✈ 10/13
lifted the quarantine requirement for all arrivals 0+7/ weekly
cap of arrivals 150,000
✈ 12/01 weekly cap of arrivals increased to 200,000
1.5
0
-1.5
2019
Q1
2019 2019 2019 2020 2020 2020
Q2 Q3 Q4 Q1 Q2 Q3
2020 2021 2021 2021
Q4 Q1 Q2 Q3
2021 2022
Q4 Q1
2022 2022
Q2 Q3
✈ 12/10 remove weekly arrival cap
2019
2020
2021
48.68 million
7.43 million
0.9 million
2022E
4.0~4.5 million
2023F
20~30 million
CHINA AIRLINES
SOURCE: Taoyuan International Airport
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