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THAI looks to fund new planes

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.

ThaiVest Editorial Team

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