Thai Airways International is seeking Bt10b to add 81 new aircraft over 15 years, thereby reducing maintenance costs and improving the fleet in line with travel demand on each route. “The aircraft acquisition plan will take place in parallel with the capital increase. THAI is asking the Finance Ministry to inject Bt10b to maintain its 51.03% stake,” Transport Minister Sophon Saram said yesterday.
THAI looks to fund new planes
the authorThaiVest Editorial Team
All posts byThaiVest Editorial Team
Leave a reply
You Might Also Like
Thai Stock Market Analysis May 9, 2022: How Much Lower Will the the SET fall?
Joe MillerMay 9, 2022
Ugly Trading Session Leaves Thai Stock Market Index in Murky Waters The Thai stock market had recently done remarkably well...
Thailand Economic Recovery Dwindling
Joe MillerDecember 7, 2020
Exports Decline Across the Board Merchandise exports in Thailand based on balance on payments contracted by 5.6% year-on-year in October...
Thailand Exports Worsened in October
Joe MillerNovember 25, 2020
Hopes for a continued recovery of the economy were deflated as Thailand exports worsened in October. The value of goods...