Transportation Committee: FAT not expected to halt operations: Hochen Tan - News Summed Up

Transportation Committee: FAT not expected to halt operations: Hochen Tan


The airline’s operations and financial soundness once again became the focus of a meeting of the legislature’s Transportation Committee, following a report by the Chinese-language magazine Mirror Media that it might suspend flights due to a worsening financial situation. Loans that the airline had secured from banks to finance its operations could be problematic, as loans are supposedly given to carriers that provide reliable transportation, he said. He asked Hochen whether the airline would suspend flights as its financial situation worsens, saying that as it offers flights to the nation’s outlying islands, the Ministry of Transportation and Communications should have backup plans in case the airline suspends operations. Hochen said that the airline is not facing any threat that would cause it to suspend operations. The airline added one new aircraft to its fleet last month, Hochen said, adding that it has over the past four months met the CAA’s flight safety standards.


Source: Taipei Times December 06, 2017 15:56 UTC


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