Star Alliance to appease Thai with possible stake bid

The core partners in Star Alliance group of airlines are trying to keep Thai sweet by offering a strategic investment in the wake of SIA''s entry.

The Star Alliance group of carriers is trying to appease Thai Airways International Thai with assurances it will bid for the 10% stake in the carrier that the Thai government has earmarked for sale to a foreign strategic partner.

The bid plans follow the entry of Singapore Airlines SIA into Star Alliance, a move that looks certain to displace Thai as the group's airline of choice in Asia.

Of the key western partners in Star Alliance, Lufthansa flies...

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