Exim proposing airline aid
Loan measures for job retention
The Export-Import Bank of Thailand (Exim Bank) plans to propose a loan measure to the Finance Ministry early next month, aiming to beef up liquidity for crippled airlines to retain employees.
The proposal emphasises helping airlines retain staff by offering financial liquidity through loans, said Pisit Serewiwattana, Exim Bank’s president.
The amount of loans will depend on the cost of hiring personnel for each airline, said Mr Pisit.
While most of the loan conditions cannot be disclosed yet, loans will be principally offered to Thai-owned airline businesses, he…
