HISTORY: TRANSASIA AIRWAYS was a Taiwanese airline based in Neihu District in Taipei. Though the company started its operations focusing mainly on the Taiwanese domestic market, it recently operated on many scheduled international routes and focused mainly on Southeast- and Northeast Asia and cross-strait flights. On 21 May 1951, FOSHIN TRANSPORT CORP. (Foshing Airlines) was formed as the first private civil airline in Taiwan. In 1983, By took over the restructuring, the English translation was changed to "TransAsia Airways". TransAsia suspended operations and shut down indefinitely on 22 November 2016 after a pair of hull loss incidents that occurred within months of each other. Its low-cost-carrier subsidiary V Air already ceased operations in October 2016.
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