‘Turnaround King’ sets sights on TransAsia

The China Post
Date: December 17, 2016
By: Christine Chou

TAIPEI, Taiwan — After successfully orchestrating a series of remarkable corporate

Far Eastern Air Transport Chairman Fenno Chang (張綱維) poses for a photo at the airline’s headquarters in Taipei during an exclusive interview with The China Post on Monday, Dec. 12. (Morgan Lin, The China Post)

turnarounds, Fenno Chang has gained a reputation for his fearless attitude when it comes to business.

“Without enough money or connections, I could only start from digging for gold in heaps of garbage — investment projects most people aren’t interested in. Garbage may be garbage, but what I have found is that some of it is worth transforming and reshaping into something valuable.”

Dubbed “Chang the Daredevil” after his exploits in the real estate market, the Far Eastern Air Transport (FAT) chairman is living up to his moniker with his recent decision to take over the scandal-hit TransAsia Airways. Many had thought the troubled Taiwan-based carrier was beyond salvation, but Chang seems to think otherwise.    [FULL  STORY]

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