Chinese Airline Gets License Revoked
The Chinese government revokes Viva Macau's license for bad business practices.
March 28, 2010 at 08:00 PM
2 minute read
The original version of this story was published on Law.com
Viva Macau, the first budget airline of Macau, China, had its license revoked by aviation regulators on March 28 for leaving several passengers stranded after flight cancelations.
On March 26, Viva Macau canceled flights because of “fuel payment issues,” and didn't offer customers assistance making alternative travel arrangements, according to statements released by the Chinese government. The Civil Aviation Authority revoked Viva Macau's operating license , and the government told the parent company, Air Macau Ltd., to cancel its contract with the airline, with which it had a sub-franchise agreement.
The Civil Aviation Authority president, Chan Weng Hong, also issued a statement saying that the government plans to take legal action to receive repayment for $25 million in loans given to the airline between 2008 and 2009.
To read more of this story, follow the link: http://www.bloomberg.com/apps/news?pid=20601127&sid=aCq5PsbA2u9A
Viva Macau, the first budget airline of Macau, China, had its license revoked by aviation regulators on March 28 for leaving several passengers stranded after flight cancelations.
On March 26, Viva Macau canceled flights because of “fuel payment issues,” and didn't offer customers assistance making alternative travel arrangements, according to statements released by the Chinese government. The Civil Aviation Authority revoked Viva Macau's operating license , and the government told the parent company, Air Macau Ltd., to cancel its contract with the airline, with which it had a sub-franchise agreement.
The Civil Aviation Authority president, Chan Weng Hong, also issued a statement saying that the government plans to take legal action to receive repayment for $25 million in loans given to the airline between 2008 and 2009.
To read more of this story, follow the link: http://www.bloomberg.com/apps/news?pid=20601127&sid=aCq5PsbA2u9A
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