TransAsia embarks on fleet expansion

TRANSASIA Airways signed last week a NT$5.5 billion (US$181 million) syndicated loan agreement for the purchase of two new Airbus A330 aircraft.

The A330s, first ordered by TransAsia last year, will be used to expand its network of Asian services. Delivery is expected in the fourth quarter of 2012 and the first quarter of 2013.

In addition, the airline also has orders for six new A321 aircraft which will be delivered starting quarter four 2012, and six A321Neos planes which will be delivered by 2020. The airline reserves the right to order an additional six A321Neos.

TransAsia has been actively developing its network in Asia, with the launching of Taipei–Singapore daily services in June, and another four new routes added this month, including Kaohsiung–Hanoi, Taoyuan–Xuzhou, Kaohsiung–Hefei and Kaohsiung–Nanning.

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