Far Eastern Air Transport (FAT, 遠東航空) can resume flights and ticket sales after it received regulatory approval for flights between Taipei and Kinmen, the Civil Aeronautics Administration (CAA) said yesterday.
FAT applied to resume service last week and it secured regulatory approval and an operational license on Tuesday.
“We have examined the airline’s operations and decided to approve its applications,” said Chu Kuan-wen (朱冠文), director of CAA’s air transport division.
As the airline is still restructuring, the CAA will continue to monitor it and could conduct further inspections if necessary, Chu said.
The CAA suspended FAT’s operations in 2008 because of financial problems, and the airline’s management has changed several times since then.
The airline filed a financial restructuring plan with the Taipei District Court, which approved the plan in 2009.
The airline said in the plan it would allow people who had unused tickets bought before the company suspended its flights to use those tickets.
Company data shows that there are about 10,000 unused tickets in circulation that were sold before suspension.
FAT is planning to provide two Taipei-Kinmen flights a day initially, with one-way tickets priced at NT$2,050.
Before the suspension, a similar one-way ticket on FAT cost NT$1,800.
Under the outlines of the airline’s restructuring plan, travelers can purchase four new tickets and then have NT$1,800 deducted from the cost.
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