Establishment
Established in 1957 by Mr. Hu Tung-Ching, with a capital around NT$600000 and
30 employees, Far Eastern Air Transport is the first private air transport company
completely run by Taiwanese people. At the early stage, the business categories of
newspaper transportation, domestic and international charter flights, aerial
measure photography, forest protection,air-sea rescue, oil drill support, etc.
were included. Moreover, maintenance for aircraft and helicopters from
military,Civil Aviation Bureau, and provincial government were also accepted.
Thus, a lot of complete maintenance experience has been accumulated.
Route
The very first route, between Taipei and Kaohsiung, was inaugurated
in 1962, and eight other domestic routes were added later on. FAT
became the most acknowledged airlines which provide more than a
hundred domestic daily flights commute major cities in Taiwan.
Still, it was the company's strategy to increase the market share of
international airline transportation and acquired the authority of
the Civil Aviation Bureau on 1993 to develop international network.
The international routes such as Palau, Subic bay, etc. were
inaugurated on 1995. Up to mid-2000, the company has gone into
the Asian-Pacific rim, gaining wider flying areas inside the region.
FAT's wings have already extended to destinations in Thailand,
Philippine, Malaysia, Palau, Indonesia, and Korea.
Staff & Organization
The success of the development was contributed to a brand new
organization and sophisticated management team. In 1995, a
re-organization brought in new investors and attracted more
professionals to join the ranks of FAT. The major investors
including China Development Industrial Bank, AIG-Asian
Infrastructure Investment Development Co., Ltd., and so on.
These shareholders enable the company to stand on an even
stronger and more competitive footing to better serve customers,
and take full advantage of the growth opportunities present in
the Pacific rim, the company went into stock market on 1997
thereafter. Meanwhile.the outstanding maintenance capability
obtained recognition of ISO 9002 since 1996,and was honorably
certified by FAA on 2001.
It is the hardworking and esprit de corps of the staff,
thriving on the idea of "Customers First, Safety Supreme",
that bear the fruit of FAT's many years of growth and prosperity.
Year to date, there are 1,230 employees. Among the staff, there
are 300-odd traffic, 200-odd in-flight service, and 300-odd
maintenance people, altogether to provide the best service to the
travelling public.
It is also FAT's mission to provide and maintain an outstanding
and consistent service quality to customers in a long run.
The continuous strengthened training programs for flight service
and maintenance personnel will upgrade our operation.
Our flights will only be safer, swifter, and more comfortable.
Profile
Official Company Name:
Far Eastern Air Transport Corp.
Founded Date:
June 5, 1957
Capital Amount:
NT$5890,000,000
Total Number of Employees:
(until March 2005):1245
Major Investors:
1.China Development Industrial Bank
2.AIG-Asian Infrastructure Investment Development Co., Ltd.