THAI may raise stake in NokAir
The Bangkok Post reports that THAI is considering raising its stake in Nok Airlines from the current 39% to 51% in order to exert greater control of the budget airline, which THAI executives accuse of undermining the parent’s interests. THAI has been unhappy with Nok Airlines, accusing it of operating independently without regard for THAI’s business strategy.
Prahok @ June 19, 2007