TransAsia Airways (Taipei) suspended operations on Tuesday November 22, 2016 amid reports of financial difficulties and an on-going investigation..
The company convened a special board meeting. As a result of the meeting, the company announced it would be liquidated in the wake of two deadly plane crashes, financial losses and an insider trading probe.
TransAsia’s business was dealt major blows by two fatal accidents on domestic flights in the past two years. A flight from Kaohisung crashed in Penghu on July 23, 2014, leaving 48 of the 58 people on board dead, and another flight heading to Kinmen crashed into a river minutes after taking off from Taipei Songshan Airport in February 2015, killing 43 of the 58 people on board.
Founded in 1951, the airline was Taiwan’s first private-owned domestic air carrier. It was taken over by the Goldsun Group in 1983 and was listed on Taiwan’s stock market on November 1, 2011.
TransAsia opened budget carrier subsidiary V Air in December 2014, but it struggled to stay afloat, and its operations came to an end on October 1, 2016 due to financial losses.
On the occasion of the delivery ceremony, held today at the Paris Air Show, the airline announced as well the purchase of an additional ATR 72-600 aircraft. Since 2011, Air New Zealand has purchased a total of 14 ATR 72-600s. Deliveries of the ATR 72-600 aircraft will continue until 2017. Once delivered, Air New Zealand will have 25 ATR aircraft in its fleet, including 11 ATR 72-500s and 14 ATR 72-600s.
The introduction of this additional ATR 72-600 aircraft marks yet another step in Air New Zealand’s fleet modernization strategy. The new ATR aircraft will join airline’s existing fleet of 6 other ATR 72-600s and 11 ATR 72-500s. The new aircraft will enter service in July across Air New Zealand’s regional domestic network.
As with other recent deliveries to Air New Zealand, the 68-seat ATR 72-600 is equipped with the most advanced technology for the aircraft type, including a new glass cockpit avionics suite and updated cabin interiors.
F-WWEC is tugged at TLS. The new airliner is painted in the new livery that was introduced earlier this year. Copyright Photo: Yannick Delamarre.
Berjaya Air (Kuala Lumpur) will soon take delivery of its first new ATR 72-500 (ATR 72-212A). Three more copies will follow. The four new turboprops will replace the older de Havilland Canada (Bombardier) DHC-7 Dash 7s on its local routes in Malaysia. The first aircraft (F-WWEC, msn 858) has been painted at the Toulouse factory and will become 9M-TAG on delivery.