Airline News
Posted 18/10/2011
Thai Airways International (TG) acquired an additional 10% stake in Nok Air (DD), lifting its holding in the low-cost carrier to 49%, according to a statement to Thailand’s stock exchange. With a 49% share, TG has five out of nine directors on DD’s board, compared to four previously, giving it greater control over DD’s strategy.
Originally published 18 Oct 2011 at: http://feeds.atwonline.com/~r/AtwDailyNews/~3/VXCvzrxdK54/airline-news-1017
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