Nok Air

  • World NewsThai AirAsia looking to purchase stake in local rival Nok Air
    ThaigerMonday, February 25, 2019
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    Thai AirAsia looking to purchase stake in local rival Nok Air

    Having a cashed-up and aggressive competitor looking to buy a stake in Nok Air will send more shudders down the corridors of the lumbering local behometh, Thai Airways. Asia Aviation, the majority shareholders of Thailand’s low-cost Air Asia franchise Thai AirAsia, says it was considering buying a stake in local rival Nok Airlines. The announcement has sent Nok’s share prices…