Government Drops Plans To Sell Thai Airways Stake

The Thai government, citing an "improved financial performance" in recent months by Thai Airways International (TG), has abandoned plans to shed a 10% stake in the carrier to a strategic partner to raise cash for repaying debt, finance ministry official confirmed. The decision, which did not...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.