TransAsia Airways was given a penalty for their interference with the official investigation into the fatal accident involving an ATR-72 at Taipei, Taiwan.
In February 2015 TransAsia Airways Flight 235 crashed into the Keelung River, killing 43 of the 58 occupants. An investigation by the Aviation Safety Council (ASC) of Taiwan concluded in June 2016 that the flight crew shut down the working no. 1 engine following the uncommanded autofeather of engine number 2 during climbout from Taipei-Sung Shan Airport.
During the investigation TransAsia Airways arranged to disclose confidential information to the “Next Magazine”, with the intention to stir up public opinion and press through media reports in an attempt to influence the accident investigation conclusion, the ASC claims. This constituted a breach of Article 21 of the Air Traffic Accident Investigation Law, leading to a fine of $3 million New Taiwan dollars (about US $94400).
ASC states that Next Magazine published contents of the draft final report on May 11, 2016 that it claims were obtained from TransAsia Airways. The airline had received a copy of the confidential draft report as it was a party in the investigation.
On the day the fine was announced, the airline’s Air Operator Certificate (AOC) was revoked by the Taiwanese authorities. TransAsia had previously announced that it was shutting down. The airline continuously lost money, with shares sliding since two fatal accidents in 2014 and 2015.