TransAsia Airways (Taipei Sung Shan) has announced it has tentatively found a buyer for its parked fleet of two A321-200s and two A330-300s.

In a statement to Taiwan's Central News Agency (CNA) this week, the defunct carrier said that following a tender issued earlier this year, it had received multiple bids from various interested parties. However, at the time of sale, the highest bidder agreed to defer the sale to the second highest bidder given the inordinate lengths of time it would have taken to complete the contract.

As such, TransAsia's fleet of four A330s and A321s will be sold for USD364 million with the contract to be signed on April 25. TransAsia will likely sell its five ATR72-600s to other buyers that have shown an interest, the statement said.

Founded in 1951, TransAsia Airways was Taiwan's oldest airline until it suspended all operations in November of last year. At the time, it cited prolonged financial difficulties brought on by the crashes of flights GE222 and GE235 in 2014/15. In January of this year, shareholders voted in favour of management's decision to dissolve and liquidate the company.