Thai Airways Sets Conditions for Cash Bailout of No-Frills Carrier Nok Air

Nok Air has to show a convincing business plan to shareholder Thai Airways International before THAI will inject more money into the airline.

Thai Airways Sets Conditions for Cash Bailout of No-Frills Carrier Nok Air

  BANGKOK – Thai Airways International has demanded Nok Air come up with a clear business roadmap before throwing another lifeline to save the no-frills carrier. THAI chairman Ekniti Nitithanprapas made clear its position on Friday, requiring Nok Air to submit a credible rehabilitation plan and a clear strategy before THAI puts more money into […]