News / Starlux Airlines raises $293m in IPO and aims to build freighter fleet

Photo: Starlux Airlines

Starlux Airlines, the airline founded by ousted Evergreen scion Chang Kuo-wei, was listed on the Taiwan Stock Exchange’s main board today, after an IPO that raised TW$9.4bn ($293m).

The proceeds will generate working capital for Starlux, which is expanding its cargo business with a recent order for five A350 freighters to be delivered in 2027, with an option for five more, which, it says, it will take up.

Starlux’s primary focus remains on tapping into Taiwan’s potential as a key transit hub ...