Gen Prayut said his government had “systematically and concretely” solved long-standing problems concerning aviation safety standards. The government sought the ICAO's reassessment on June 30 and its representatives conducted the inspection Sept 20-27, ending with the removal of the red flag, Gen Prayut said. Shares in Thai Airways climbed nearly 8% on the news before falling back to trade at over 5% higher. Some major Thai airlines, including Thai Airways, Bangkok Airways, Thai Lion and NokScoot, have passed the International Air Transport Association Operational Safety Audit, a benchmark for global safety management in airlines. Earlier story: ICAO set to lift aviation red flag

Source: Bangkok Post October 09, 2017 04:30 UTC