Airline denies it is shutting down despite issuing closure notice

Airline denies it is shutting down despite issuing closure notice

Despite issuing a closure notice last week, Taiwan’s Far Eastern Air Transport (FAT) says it has no plans to shut down.

The carrier announced it would suspend services from 13 December, having “succumbed to financial difficulties and cashflow issues”, Flight Global reported.

However, FAT chairman Chang Kang-wei told the media at a press conference that the airline’s closure notice had been mistakenly issued by fellow executives.

“The company is not in any arrears, including salaries. Also, we have no intention to close the business,” he said.

“Over the next two weeks, investor funds will fall into place, and there is an advance of approximately NT$1 billion [more than $48 million].”

FAT, however, remains subject to penal action from the Civil Aeronautics Administration (CAA).

Taipei’s Department of Labor Affairs earlier targeted the carrier with fines for not having announced “massive layoffs” 60 days beforehand, as the law requires, according to Taiwan News.

Starlux begins ticket sales

Meanwhile, amid the hail of confusion surrounding the fate of FAT, a new Taiwanese airline has emerged

Set to begin service in January, Starlux will fly to three cities from Taipei: Macau, Da Nang and Penang.

The airline will begin service with a single aircraft, an Airbus A321neo, which boasts an interior designed by BMW Group company Designworks, and features eight business class seats and 180 economy-class seats.

Furthermore, Starlux is also still pushing for recruits, having announced earlier this week it needs 300 further employees across 67 categories, as reported by Taiwan News.

Latest News

  • Destinations
  • Events

World Surf League picks Cloudbreak in Fiji for the 2025 WSL Finals

Tourism Fiji has announced that the World Surf League (WSL) has selected Cloudbreak, located close to the island of Tavarua, as the prestigious venue for the 2025 WSL Finals. The event is part of the Championship Tour and will determine the men’s and women’s World Champions in a one-day, winner-takes-all competition. Fiji is renowned for […]

  • Cruise

Silversea’s Silver Ray heads for Rome on her maiden voyage

Silver Ray, the second Nova Class ship and the 12th in the Silversea fleet, has now embarked on her maiden voyage, departing Lisbon on June 15 and scheduled to arrive in Civitavecchia (Rome) on June 27. Stops along the way include Cadiz, Malaga, Valencia and Palma de Mallorca before the main port of  Barcelona then […]

  • Destinations

Malolo Island Resort Fiji launches its own resort app

Guests at the Malolo Island Resort can now get a better experience even before they arrive with the resort’s newly launched mobile app. Guests are encouraged to download and use the app ahead of their stay to build their itinerary. They can check-in prior to their arrival and make dinner and spa reservations all from […]

  • Tour Operators

France on foot holiday savings

Walking up a steep incline may be painful, but it is all worth it when you see that incredible view.

  • Cruise

Seabourn introduces enhanced groups programs for travel advisors

Leading ultra-luxury cruising and expedition travel company, Seabourne, proudly announces the “Seabourn Enhanced Groups Program” to elevate business prospects for travel advisors. This program introduces a revamped Tour Conductor Credit that offers shipboard credits or bonus commission for bookings. It also eliminates the need for deposits for small group allotments and increases group capacity. “Seabourn […]

  • Cruise

Ponant’s latest luxury cruise expeditions for 2024 and 2025

Head out to see the beauty of unique destinations on three bucket-list explorations of Australia with Ponant Cruise’s new luxury expeditions. Known for their luxury cruises, Ponant offers unique and truly exceptional sea voyage aboard sleek and intimately sized cruise yachts. They offer a range of discovery expeditions, and launched new cruises that take guests […]