Ex-CAA chief’willing to take over’ TransAsia

The China Post
Date: November 30, 2016
By: Sun Hsin Hsuan

Chang Kuo-cheng (張國政), former director general of the Civil Aeronautics Administration (CAA,民航局),

Chang Kuo-cheng (張國政), former director general of the Civil Aeronautics Administration, addresses reporters in Taipei, Tuesday, Nov. 29. Chang said he and his team were willing to take over troubled TransAsia Airways, but he refused to disclose the identity of the bid's financial backers. (CNA)

Chang Kuo-cheng (張國政), former director general of the Civil Aeronautics Administration, addresses reporters in Taipei, Tuesday, Nov. 29. Chang said he and his team were willing to take over troubled TransAsia Airways, but he refused to disclose the identity of the bid’s financial backers. (CNA)

said Tuesday he was “willing to take over” recently-dissolved TransAsia Airways (復興航空), urging the government to delay a revocation of the airline’s flying rights set for today.

“Entrusted by people from the IT industry, my team is willing to take over TransAsia Airways. Hopefully, our intervention can help resolve some of the government’s problems, the airline’s difficulties and its employees’ job crisis,” Chang said Tuesday during a press conference in Taipei.

“Furthermore, we hope the CAA can temporarily suspend and delay its plan to retract the airline’s international and domestic aviation rights.”

Should TransAsia Airways’ flying rights be revoked now, Chang said, his team would not be interested in taking over the company.

Chang refused to disclose the name of the buyer behind his team, saying, “If I tell you now, it’s going to fall apart.”    [FULL  STORY]

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