TransAsia Airways' flying rights revoked by aviation regulatorTAIPEI, Taiwan -- The Civil Aeronautics Administration (CAA, 民航局) gave TransAsia Airways (復興航空) until Tuesday, Nov. 29, to make their case before the agency revokes the stricken airline's domestic and international flying rights. A TransAsia spokesperson said Monday the firm currently has no plans to resume operations. Labor Negotiations Show ProgressAnother negotiation session between TransAsia workers and employers was held on Monday afternoon, after which the company spokesman said they had reached an initial consensus. The agreement was made with employee representatives that were not members the union, but the new conditions will apply to all employees, the firm stated. While violating firms may be slapped with a fine of up to NT$5 million at present, the government is considering raising the maximum fine to more than NT$10 million.

Source: The China Post November 28, 2016 16:19 UTC