Chang Kuo-wei not interested in TransAsia
By: Matthew Strong, Taiwan News, Staff Writer
TAIPEI (Taiwan News) – Former EVA Airways Chairman Chang Kuo-wei has no interest in taking over
TransAsia Airways as he is already in the process of forming a new airline of his own, reports said Wednesday.
Since TransAsia management announced on October 22 that it was shutting down the airline due to poor financial prospects, a search has been going on for potential investors to save the company from dissolution. Earlier Wednesday, a former Civil Aeronautics Administration chief acknowledged the bid he was representing to take over TransAsia would not succeed.
There were many rumors that Chang Kuo-wei would move in and buy TransAsia, but the people who know him realize that his dream is to launch an airline of his own, former EVA spokesman Nieh Kuo-wei told reporters. [FULL STORY]