Taiwan’s Far Eastern Seeks To Take Over Grounded TransAsia

Credit: Airbus
BEIJING—Taiwanese carrier Far Eastern Air Transport plans to take over TransAsia Airways, a much larger rival that ceased flying in November. A takeover is 80% likely, Far Eastern Chairman Fenno Chang said. Far Eastern is negotiating the acquisition with TransAsia’s creditor banks, and expects that...
Bradley Perrett

Bradley Perrett covered China, Japan, South Korea and Australia. He is a Mandarin-speaking Australian.

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