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...

FinanceAsia has updated its subscription model. Registered readers now have the opportunity to read five articles from our award-winning website for free. Please subscribe for unlimited access.

Click for more on: star | alliance | appease | thai | possible | stake | bid

Print Edition

FinanceAsia Print Edition