And another one bites the dust 

 

The Ministry of Transportation of Communications last night ordered the debt-ridden Far Eastern Air Transport (FAT) to shut down its operations starting today. Debt-ridden FAT filed for bankruptcy protection with the Taipei District Court February 17, and has sought new investors or injections of capital from its major stock holders since then. On May 1, the labor union of the financially-troubled carrier claimed they would cease offering labor service if its management fails to clear overdue salaries payable to them before May 15.