Thai Airways receives govt support for capital raising; SIA to raise fares; Asia sees strong demand
Shares in Thai Airways gained 3.6% yesterday, reaching its highest level since 24-Mar-2010 during the day, as Thai Finance Minister, Korn Chatikavanij, stated the Thai Government would support a fund-raising plan by the airline, once requirements for stated guarantees on Thai’s loans are eliminated (ie the Finance Ministry is becoming increasingly fed up with providing financial support to Thai Airways).
