30.9 C
Bangkok
Friday, May 17, 2024

Nok Air unfazed by THAI merger proposal

Deal with Thai Smile does not affect rehab

Mr Wutthiphum says passenger demand is quite strong. Somchai Poomlard

Low-cost carrier Nok Air has reaffirmed that Thai Airways (THAI) still holds a 13.28% stake as the flag carrier prepares to merge with Thai Smile Airways.

Wutthiphum Jurangkool, chief executive of Nok Air, said even if a merger plan between THAI and Thai Smile Airways comes to fruition, it will not affect Nok Air’s operations and the airline will continue to cooperate with THAI in terms of route planning.

THAI announced a plan to sell off its stake in Nok Air in 2021 as part of its rehabilitation plan to offload cost burdens.

However, Mr Wutthiphum said there are no signs the flag…

Read more…

Latest Articles