TransAsia Airways, the Taiwanese airline that suffered two fatal crashes in the last two years, halted flights for one day Tuesday without giving a reason. The Taipei-based airline said its board would meet in the morning and give an explanation at a press conference in the city at 2 p.m. local time, the company’s public relations said Monday. Trading in its shares were suspended from Tuesday, according to a Taiwan stock exchange statement from the company. The island’s Civil Aeronautics Administration said the airline should have gotten regulatory approval for the suspensions, which will affect 84 flights and about 5,000 customers. Taiwan’s cabinet has directed affected customers to seek assistance from its Consumer Protection Committee. Late Monday, the Financial Supervisory Commission and the Ministry of Justice said that it had initiated a probe into insider trading of the company’s shares prior to news reports of the flight suspensions. Separately, the Taiwan stock exchange said earlier Monday it would fine the company NT$1.5m ($47,000) for breaching corporate disclosure rules.<br/>
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A Canadian coffee company brew battle has been decided, with McDonald's Canada winning the right to fly its McCafe brand on WestJet aircraft. WestJet CEO Gregg Saretsky said Monday Tim Hortons and Starbucks Canada also bid to supply their coffee to the Calgary-based airline. But McDonald's was selected based on price and other factors including previous partnering with WestJet in children's charities. "We serve 30,000 cups a day and so, clearly, good visibility for the McCafe brand," said Saretsky. "How it helps us is we're going to be serving a better cup of coffee so it improves the guest experience and just ups the game in the coffee wars in the Canadian skies." Air Canada serves Second Cup coffee on its flights, while Porter Airlines serves Starbucks coffee in its lounges and on its aircraft. WestJet said it will start serving McDonald's coffee on a flight from Toronto to Calgary today and expand service across its fleet, including its regional airline, WestJet Encore.<br/>
VietJet, Vietnam’s first discount airline, is launching its long-planned IPO in December and has started meeting with investors, according to IFR, a publication by Thomson Reuters. The IPO, which was previously expected to be an overseas listing, will be receiving orders between December 1 and 12, the publication said, citing an anonymous source. It also added that the $1.4b budget carrier intended to sell 20% for the listing debut. VietJet, founded in 2007, had earlier commenced pre-marketing for the IPO as it said in 2013 to conduct the listing in Singapore or Hong Kong.<br/>