TransAsia Airways’ low-cost carrier (LCC) subsidiary V Air will suspend all services from Oct. 1, the airline announced Aug. 9. The Taiwan-based TransAsia Airways, which fully owns V Air, said it will absorb the LCC subsidiary without mentioning details. The Taipei Times reported the decision will allow TransAsia to better consolidate resources and stem mounting losses. In 2015, V Air reportedly posted losses of NT$450 million ($14.31 million). According to a statement, V Air said ...

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