TransAsia Airways Suspends All Flights | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-04.14.25

Airborne-NextGen-04.15.25

AirborneUnlimited-04.16.25

Airborne-AffordableFliers-04.17.25

SunnFun-DayFour-04.03.25

Wed, Nov 23, 2016

TransAsia Airways Suspends All Flights

Has Experienced Two Major Accidents Since 2014

Struggling Taiwanese carrier TransAsia Airways has cancelled all of its flight and closed its doors.

The Wall Street Journal reports that in a news conference Tuesday, a company representative said that an emergency board meeting was held in which it was determined that the airline should be shuttered. All of its 84 flights scheduled for Tuesday were cancelled, which the Taiwan’s Civil Aeronautics Administration said stranded about 5,000 passengers.

The airline said it would be unable to repay convertible bonds that were to come due next week.

The airline's aircraft have been involved in two accidents with multiple fatalities since 2014. In one, 48 people were fatally injured July of 2014 when an ATR-72 went down on the island of Penghu during a landing attempt in poor weather. Another ATR-72 went down in February of 2015 after clipping an elevated highway and falling into Taipei's Keelung River. That accident fatally injured 43 people.

The 2015 accident was attributed to pilot error. After ordering retraining for all of its pilots, 10 failed to pass the first stage of the Civil Aeronautics Administration's qualification process.

Political changes also contributed to the airline's woes. Visitors from mainland China fell after the election of President Tsai Ing-wen, who's Democratic Progressive Party ran afous of Beijing for advocating Taiwanese independence.

Analysts said that TransAsia's recovery strategy was weak, which also was a factor in the airline's demise.

(Images from file)

FMI: www.caa.gov.tw/en/bbs/index01.asp?sno=20

Advertisement

More News

Aero-News: Quote of the Day (04.18.25)

“The New York region is home to three of the world’s preeminent airports, serving upwards of 150 million passengers annually. But the drive from Manhattan to any of the>[...]

ANN's Daily Aero-Term (04.18.25): DETRESFA (Distress Phrase) [ICAO]

DETRESFA (Distress Phrase) [ICAO] The code word used to designate an emergency phase wherein there is reasonable certainty that an aircraft and its occupants are threatened by grav>[...]

ANN's Daily Aero-Linx (04.18.25)

Aero Linx: The Cradle of Aviation Museum The Cradle of Aviation Museum is an aviation and spaceflight museum located in East Garden City, New York on Long Island to commemorate Lon>[...]

Airborne 04.14.25: H2-Powered R44, Oshkosh Organized Chaos, UAL School Sued

Also: Spirit CEO Resigns, ‘Mental Health in Aviation’, U-2 Dragon Lady, Elixir Delivers Unither Bioelectronics announced that its modified Robinson R44 helicopter made >[...]

Airborne Affordable Flyers 04.17.25: HKS Support Upgrade, Van's Tanks, eBristell

Also: 160-hp Carbon Cub UL, Flybox Avionics, Blackshape Aircraft, Scalebirds Update Light sport engine manufacturer HKS recently announced that it will be relocating its parts supp>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC