STARLUX Airlines has filed a plan for a cash capital increase of up to 300 million new shares to raise funds for bank debt repayment and working capital, as the Taiwanese carrier continues to manage its balance sheet alongside expansion. The filing sets a preliminary issue price of NT$16.50 a share and points to an effective date in mid-August, with the final price and subscription timetable still to be fixed.
Under the proposed allocation, 80% of the new shares would go to existing shareholders, 10% would be reserved for employees and 10% would be offered through public underwriting. STARLUX is also preparing a NT$2 billion domestic unsecured convertible bond issue as part of the same financing programme.
The airline is using the proceeds to improve liquidity and reduce funding costs linked to earlier aircraft acquisitions, leases and network growth. The capital raising is also intended to support future aircraft deliveries and its long-haul expansion plan, keeping attention on how quickly the carrier can scale without stretching its financing structure.