Tigerair Taiwan suspend S. Korea services until early April

Last year, Tigerair Taiwan chalked up NT$1 billion (US$32 million) in profit, translating into an earnings per share of NT$4.98, making it the most profitable unit under CAL. (NOWnews)
In 2018, Tigerair Taiwan chalked up NT$1 billion (US$32 million) in profit, translating into an earnings per share of NT$4.98, making it the most profitable unit under CAL. (NOWnews)

TAIPEI (The China Post/ANN) – Tigerair Taiwan announced plans on Feb. 25 to suspend 72 frequencies on South Korea services between until April 1, 2020, the company said in a statement.

The flights account for 0.8 percent of the carrier’s full-year capacity.

The low-cost airline is also scheduled to suspend 500 frequencies to Macau between until April 30, 2020, accounting for 5.3 percent of the carrier’s full-year capacity.

South Korea has reported another huge spike of 231 new coronavirus cases yesterday, among them a health official leading the battle against the virus in the south-eastern city of Daegu, who has admitted he is a member of the secretive church linked to more than half of the country’s infections.

This brings the total number of confirmed cases to 833 as of yesterday, with 14 in critical condition. The country also reported two more deaths, raising the tally to eight, while 22 people have made a full recovery.

South Korean stocks tumbled 4 percent yesterday over virus woes, as the central bank urged continued efforts to minimize the fallout from the outbreak.

President Moon Jae-in yesterday proposed a supplementary budget to support government efforts to fight the virus, calling for “extraordinary measures to deal with the emergency economic situation.”