Singapore Airlines will not bid for the 10% stake to be offered to a strategic partner in Thai Airways' privatization exercise. Lufthansa, one of the founding members of Star Alliance, will bid as an individual carrier. The move was confirmed by Lufthansa CEO Juergen Weber at a news conference yesterday in Bangkok. Weber said that as part of the group's policy of sharing responsibility and investment SIA will not compete with Lufthansa in the bidding process. SIA will continue, ...
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