13-Dec-2019 11:13 AM
Far Eastern Air Transport suspends operations on 13-Dec-2019
Far Eastern Air Transport (FAT), via its official website, announced (12-Dec-2019) it will suspend all operations from 13-Dec-2019, citing "long term operating loss and difficult financing situation". The carrier's sudden cessation is expected to affect 3400 passengers (CNA, 12-Dec-2019). The airline also faces legal action from the government because it did not notify authorities 60 days prior of any redundancy plans. This is the second time FAT has suspended operations after its operating permit was suspended in 2008 by the Taiwan Civil Aeronautics Administration in 2008 due to bankruptcy proceedings.