The China Post
Date: February 23, 2017
By: The China Post news staff with CNA
TAIPEI, Taiwan — Former EVA Air Chairman Chang Kuo-wei — ousted by his half-
Former EVA Air Chairman Chang Kuo-wei — ousted by his half-brothers in a board-room coup last year — will announce his comeback plan to the airline industry in the next few months, his spokesman was cited as revealing Wednesday.
brothers in a board-room coup last year — will announce his comeback plan to the airline industry in the next few months, his spokesman was cited as revealing Wednesday.
The spokesman, Nieh Kuo-wei, made the remarks in response to reports that said Chang would launch a new airline this year, with plans to raise NT$2 billion to purchase 10 new aircraft, according to the Central News Agency.
Nieh, a former spokesman for EVA Air, was quoted by CNA as clarifying that the sum of NT$2 billion mentioned in the reports referred to the initial capital needed to set up the new airline, adding that more investment would be injected into the company in the future.
He said the new airline would definitely need airplanes, but the number of planes has yet to be determined, according to CNA. The airline may buy or lease planes, but it was rather impossible to buy all of the planes it needed, Nieh was cited as saying.
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