THAI not happy with NokAir
The Bangkok Post reports that executives at THAI are increasingly unhappy by how Nok Air is conducting its business — often against the interests of its 39% shareholder THAI. ”Nok Air has not worked to fit into the role and strategy that THAI laid down when the initiative that led to creation of the low-cost carrier was adopted back in early 2004,” said one senior THAI executive. THAI would prefer Nok to work with it to help protect its market share rather than act with its own interests coming first…
Prahok @ November 9, 2006