Taiwan’s two largest listed carriers turned in their strongest July performances on record or near-record levels, helped by peak summer travel and resilient AI-related cargo demand. China Airlines reported consolidated revenue of NT$22.23 billion, up 25.34% year over year and its highest monthly total ever, while EVA Air posted NT$22.45 billion, up 21.42% and its second-highest monthly figure on record. Passenger demand remained the main seasonal driver. China Airlines’ July passenger revenue rose 18.63% to NT$12.63 billion, with both passenger and consolidated revenue setting monthly records. EVA Air’s passenger revenue increased 17.52% to NT$14.06 billion, marking a record for the same period, while its January-to-July consolidated revenue reached NT$150.74 billion and cumulative passenger revenue hit NT$95.16 billion, both record highs for that stretch. Cargo also stayed firm as AI servers, semiconductors and other high-tech shipments supported yields and volumes. China Airlines’ cargo revenue climbed 34.72% to NT$7.59 billion, ahead of EVA Air’s NT$6.03 billion, which rose 32.76%. EVA Air said summer holidays in Europe and the United States and new EU tariff policies softened some cross-border e-commerce cargo flows, though AI supply-chain shipments and stable utilization on Americas and intra-Asia routes continued to underpin business. Both airlines are adding capacity as they head into the Mid-Autumn Festival travel period. China Airlines is increasing Northeast Asia frequencies, while EVA Air plans to open direct Taoyuan-Delhi service on December 1 with five weekly flights. Investors cited in the source said July results matched expectations, with the sector’s traditional third-quarter peak reinforced by the combination of strong leisure traffic and AI-driven freight demand, though EU tariff changes and volatile energy prices remain watchpoints for profitability.