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.
TransAsia Airways (Taipei) doomed flight number GE 235 death toll has risen to 40 today including the two pilots. Three people remain unaccounted for and 15 people survived the accident according to CNN.
Investigators have been reviewing the data from the flight data recorder (FDR) and the cockpit voice recorder (CVR) for clues of why the ATR 72-212A (ATR 72-600) crashed on takeoff from Taipei (Sungshan) on February 6 with 53 passengers and five crew members on board.
The Aviation Safety Council of Taiwan is collecting data and has suggested the pilots may have turned off the working engine prior to the crash. They were able to restart one engine but it was already too late. The ATR 72 hit a taxi and clipped the bridge and subsequently crashed upside in the river as previously reported.
TransAsia Airways (Taipei) today (February 4) has suffered another crash. Brand new ATR 72-212A (ATR 72-600) B-22216 (msn 1141) with 53 passengers and five crew members operating as flight GE 235 reportedly lost power this morning on takeoff on runway 10 at 1052 am (local time). The airliner was unable to maintain its climb and hit a vehicle and clipped a bridge with its left wing and crashed into the Keelung River, killing at least 16 people. The crew report a Mayday on the takeoff and an engine flame out. The ATR 72 had just departed from the old Songshan Airport (TSA) (Taipei International Airport) in downtown Taipei. The airport was built in 1936.
According to the airline, 22 people have safely reached the shore. 16 are confirmed dead. All others were rushed to area hospitals.
Google Map below: A: Location of bridge that was clipped and B: Final location of the aircraft in the river.
Top and Below Copyright Photos: Manuel Negrerie/AirlinersGallery.com. ATR 72-212A (ATR 72-600) B-22816 (msn 1141) was delivered new on April 15, 2014. It is pictured preparing to takeoff at Songshan Airport previously. Below, rescuers attempt to find everyone on board in the river.
Below Copyright Photo: Manuel Negrerie/AirlinersGallery.com. The ATR 72 unfortunately hit this yellow taxi on the bridge before careening into the river. The driver was able to get out of the vehicle with only minor injuries.
V Air (subsidiary of TransAsia Airways) (Taipei) on December 17 launched schedule low-fare operations. The first route was from Taipei (Taoyuan) (TPE) to Bangkok (Don Mueang) (DMK) using this 194-seat A321. The new airline will compete with Tigerair Taiwan. The second route to Chiang Mai, Thailand is scheduled to start in early January.
Top Copyright Photo: Manuel Negrerie/AirlinersGallery.com. Airbus A321-231 B-22608 (msn 6009) holds short of the runway at Taipei (Sung Shan).
Below Photo: V Air. The V Air crew waves goodbye to the inaugural flight.
V Air (subsidiary of TransAsia Airways) (Taipei) will finally launch operations on December 17. The first route will be to Bangkok. The new low-fare airline issued this statement:
V Air, a Taiwan-based low-fare carrier, will launch routes from Taipei to Bangkok on December 17 and from Taipei to Chiang Mai on January 7, 2015 respectively– subject to final Thai Government approvals.
Copyright Photo: Manuel Negrerie/AirlinersGallery.com. Airbus A321-231 B-22608 (msn 6009) displays the bear livery as it arrives in Taipei (Sung Shan).
V air (subsidiary of TransAsia Airways) (Taipei) has repainted and unveiled its first Airbus A321-231 registered as B-22608 (msn 6009) into the new low-cost carrier’s bear livery. The TransAsia A321 was unveiled today on their Facebook page. B-22608 will arrive at Taipei’s Songshan Airport very shortly.
V air is proposing to start low-fare operations to Bangkok pending a difficult approval process.
V Air (Taipei) intends to launch low-fare services from Taipei in the last quarter of 2014. The first route will be between Taipei (Taoyuan) and Bangkok (Don Mueang) according to Want China Times with A321-200s leased from its parent, TransAsia Airways (Taipei).
The airline’s fleet will consist at first of three A321 aircraft and will be expanded by two additional aircraft each year.
A model of the A321 in the bear color scheme.
According to the airline, The bear was chosen by the public in January to represent the airline, the smiling bear embodies all of the elements of “positive energy” needed by a new company entering the market: voyage, vision, vitality, and victory.