EVA Air completed the labor agreement on the evening of the 28th, and the pilots decided not to strike during the Spring Festival this year, and the business opportunities in the peak season of the New Year are expected to play normally, driving EVA Air's share price to rise by more than 5% in early trading, staging a celebration**; The share price of travel agencies is also "relieved", with Lions, Phoenix, Wufu, etc. *** about 2%.
The Taoyuan Pilot Professional Trade Union issued a statement on the evening of the 28th that the labor dispute between the Evergreen Branch of the trade union and EVA Air completed the agreement one by one and officially signed the agreement; The labor-management consultation, which was originally scheduled for the 31st, will no longer be held, and there will be no strikes during this year's Spring Festival and Qingming Festival.
As of around 10 a.m. today, EVA Air's share price rose more than 5% to $32, with a trading volume of 950,000 tickets to celebrate**; China Airlines' share price rose slightly to 20$8.
In addition to EVA Air, the stock prices of travel agencies also breathed a sigh of relief, with the share prices of Phoenix, Lion, Canxing Travel, Shanfu and Wufu rising by about 2%; The share prices of hotel stocks such as Humble House, Yunpin and Xia Du also rose by more than 2%.
EVA Air has completed a four-point agreement, including a further increase of the maximum monthly pilot of the pilot to NT$13,500, a semi-annual increase in the subsidy of foreign stations, an agreement not to directly employ foreign pilots as a full pilot, and no more disputes against the above three labor dispute subjects until May 31, 2026.
Industry insiders pointed out that due to the large number of Spring Festival trips and homecomings, the EVA Air pilots are brewing a strike, not only the tourism industry is loud, but also the first units at all levels are also solemnly waiting, and the final completion of the agreement between labor and management can be regarded as a step back for both sides to jointly protect the rights and interests of tourists.
As for whether EVA Air's salary compromise will lead to a reduction in future profit margins, EVA Air only said that it is to protect the rights and interests of tourists and do its best to complete the agreement with the pilots' union.
Header image**: Flickr Melvin Loicc by 20）