Thai Airways International aims to raise about 15 billion baht ($475 million) in a public offering and will use some of the money to finance aircraft on order. The Star Alliance carrier will issue up to 1 billion new shares to new investors and existing shareholders, says Thai VP-Investor Relations Raj Tanta-nanta. The Ministry of Finance has a 51% stake in the flag carrier and has said it will pay 7.5 billion baht ($237 million) to maintain its stake, says Raj. Based on that ...


You must be a paid subscriber to access "Thai Airways Aims To Raise $475 Million To Finance Aircraft".


Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to for access.


Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.