TAIPEI: Taiwan's troubled TransAsia Airways said Tuesday it would close down after two deadly plane crashes, massive financial losses and an insider trading probe.

Board members reached the decision at a hastily called meeting, with all flights immediately axed.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details