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THAI likely to fly solo

The Finance Ministry is considering allowing its majority shareholding in Thai Airways International to fall in order to change its current status as a state enterprise. The SET-listed national carrier is currently 50.1% held by the ministry, and as such must comply with state enterprise regulations. The carrier also has the right to ask the ministry to guarantee its loans, helping THAI reduce its funding costs by leveraging the credit of the government.

ThaiVest Editorial Team

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