How does exchange rate fluctuation affect the performance of China Airlines? Specific examples

Different from other export-dependent industries, the impact of exchange rate on civil aviation industry is mainly reflected in the fluctuation of operating costs and exchange gains and losses. The direct impact refers to the direct changes caused by exchange rate fluctuations on the exchange gains and operating costs of the civil aviation industry. The advantages of RMB appreciation outweigh the disadvantages to the civil aviation industry, but it does not mean that the long-term appreciation of RMB is beneficial to the long-term development of the civil aviation industry. The appreciation of RMB is not conducive to civil aviation exports.