News
TransAsia halves long-haul fleet as cost cuts deepen
May 27th 2016
Taiwan’s TransAsia Airways is not in good shape. After the crashes of two of its ATR72s in 2014 and 2015, passengers have avoided the carrier and regulators have imposed a moratorium on new routes for a period of one year after each accident at the airline. Read More »
Following a 2015 fiscal year operating loss of NT$2.49 billion ($76.8 million), the Taipei-based carrier decided to remove excess capacity from the market by grounding two of its four A330-300s, leased from Lease Corporation International, flew on Chinese and Japanese routes. The remaining active A330s are owned.
From June 15 to October 30 this year, TransAsia will cut frequencies from twice daily to daily services to Hakodate, Sapporo and Asahikawa and flights to Narita will be operated by A320/A321 aircraft.TransAsia recently converted a former order for six A321neos back into options.
