FAT suspends operations

Lilia
By Lilia December 13, 2019 17:24

FAT suspends operations

Chinese news agency, Xinhua, has reported that Far Eastern Air Transport Corp. (FAT), a Taiwan-based carrier, suspended operations without warning due to a shortage of capital.

FAT chairman, Chang Kang-wei, said that the company has approached three groups of investors, and if those funds are secured, he hopes flights could be resumed soon.

Lilia
By Lilia December 13, 2019 17:24