Company Performance: Revenue, profitability, and growth prospects directly influence investor sentiment.

Industry Trends: The overall health and outlook of the airline industry affect investor confidence.

Fuel Prices: A major operating cost; fluctuations significantly impact profitability.

Economic Conditions: GDP growth, inflation, and consumer spending patterns play a crucial role.

Regulatory Environment: Changes in aviation regulations and taxes can alter operational costs.

Competition: The competitive landscape and market share impact pricing and profitability.

Exchange Rates: Affects international routes revenue and expenses if not hedged properly.

Geopolitical Events: Unstable political situations or conflicts can disrupt air travel demand.

Investor Sentiment: Market psychology and overall investor risk appetite can drive price movements.

Natural Disasters: Typhoons or earthquakes affecting Taiwan and surrounding region will decrease travel and increase costs.