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EVA Airways Corporation history
EVA Airways Corporation company history timeline
It was not enough for Chang Yung-fa to build Evergreen Marine Corporation, one of the largest container shipping lines in the world. It was incorporated on March 8, 1989; start-up capital was $400 million.
In October 1989, the newly formed EVA Airways Corporation placed a US$3.6 billion order for 26 aircraft from Boeing and McDonnell Douglas, including Boeing 747-400 and MD-11 airliners.
The Evergreen Deluxe class, introduced in 1991, was a step up from economy, with personal seatback video screens.
In 1993, EVA Air added flights to Seattle, New York, Bangkok and Vienna with the Boeing 747-400.
By 1994, EVA Air was providing regular service to 22 destinations worldwide, and carrying over 3 million passengers annually.
Unlike its rival China Airlines, EVA preferred not to get heavily involved in the management of its regional affiliates. It acquired 20 percent of Great China Airlines and Makung Airlines in 1995.
It also bought shares in Taiwan Airlines, raising its stake from 30 to 40 percent in 1996.
Though most of these small airlines were profitable, by 1997 overcapacity in the domestic market was becoming apparent.
In addition to receiving IOSA (IATA Operational Safety Audit) certification, EVA Air in 1997 achieved simultaneous official ISO 9002 certification in the areas of Passenger, Cargo, and Maintenance Services.
A new combination passenger/freight service from Kaohsiung to Los Angeles was launched in April 1998 via Boeing 747.
Profits were down sharply in 1998, and EVA posted a loss in the first half of the year.
Cargo traffic would grow at a rate of 50 percent a year for the next five years, accounting for $665 million in revenues in 1999.
By the end of 1999, EVA had all-cargo flights extending as far as the Persian Gulf and Atlanta, Georgia.
She had been president of Evergreen Sky Catering since 1999; before that, she held a variety of posts at Evergreen International and Evergreen Marine.
Deliveries of three Boeing 747 freighters began in 2000.
In 2000, EVA Air embarked on its first major long-haul fleet renewal.
At the same time, the airline placed three orders for the Boeing 777-200LR. In January 2001, EVA Air ordered its first Airbus aircraft, the A330-200.
The company had about a 60/40 mix of passenger and cargo revenues in 2001, a ratio that, in contrast to other airlines, it hoped to reverse.
In 2002, EVA Air underwent internal corporate reforms, with staff reductions and streamlined management.
In 2003, with the delivery of the first Airbus 330-200, EVA Air rolled out Premium Laurel Class, a comfortable and technologically advanced business cabin.
In 2004, EVA Air converted its remaining eight options for Boeing 777-300ERs into firm orders.
Recognized 2007 “Best Wines on the Wing” by Global Traveler, a famous travel magazine of United States
In 2007, EVA Air coped with the surge in fuel prices, which contributed to a USD 61.2 million loss.
The carrier also prepared to increase direct flights to China, after initiating weekly charter flights in July 2008 following changes to the Three Links travel agreements.
In August 2008, after reporting a second quarterly loss due to increased fuel costs, the airline implemented cost-saving measures, including fee increases and flight schedule reductions.
In August 2008, EVA Air reported a second quarterly loss due to increased fuel costs.
In 2008, the airline also announced the suspension of services to Auckland.
The carrier returned to profitability in the first quarter of 2009, with a US$5.9 million net gain.
In 2010, EVA Air began service to Toronto and nonstop flights connecting the inner-city Taipei Songshan and Tokyo Haneda airports.
EVA was awarded Travel Weekly’s 2011 Magellan Award Gold winner for international economy class.
In 2011, the airline began nonstop flights from Taipei to Guam and nonstop service from New York (JFK) to Taipei.
On 18 June 2013, EVA Air became a full member of Star Alliance.
EVA was recognized as 2014 Top 10 “The World’s Best Long-Haul Airlines” by The Telegraph, U.K. leading media, annual reader’s select.
In November 2015, EVA Air unveiled a new livery on its 22nd Boeing 777-300ER.
The Infinity Lounge in Taoyuan Airport was rewarded as 2016 “Top 10 First and Business Class Airline Lounges” by SKYTRAX.
EVA was listed 10th of 2017 “The World’s Best International Airlines” on the Travel + Leisure Magazine’s.
On 2 October 2018, EVA Air took delivery of its first of four Boeing 787-9 Dreamliners.
In June 2019, EVA Air took delivery of its first of twenty Boeing 787-10 Dreamliners.
EVA was listed 4th of 2020 “The World’s Best International Airlines” on the Travel + Leisure Magazine.
In February of the following year, S&P Global released the 2022 Sustainability Yearbook, and EVA was awarded the “Silver Class” rating in the airline industry.
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EVA Airways Corporation competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| China Eastern | 1988 | $13.0B | 79,913 | - |
| One World Direct | 1994 | $2.3M | 50 | 4 |
| China Airlines | 1959 | $4.8B | 15 | - |
| Korean Air | 1962 | $11.2B | 125 | - |
| Continental Airlines | 1934 | $2.7B | 10,001 | - |
| Aeromexico | 1934 | $1.3B | 7 | - |
| Mesaba Airlines | 1944 | $2.8M | 2,000 | - |
| Pinnacle Airlines, Inc. | 1985 | $845.0M | 7,700 | - |
| Lufthansa | 1953 | $39.0B | 138,353 | 15 |
| Air France | 1933 | $17.3B | 84,714 | - |
EVA Airways Corporation history FAQs
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EVA Airways Corporation may also be known as or be related to EVA Airways Corp., EVA Airways Corporation, Eva Air and Eva Airways.