Thai Airways is no longer classified as a state enterprise. "The Finance Ministry and Sepo are reviewing the need for an additional capital injection into Thai Airways," he said. "The company's performance has been consistently good, prompting shareholders, including the ministry, to reconsider whether a further capital infusion is necessary." The Finance Ministry sought to add these administrators to provide a micro-level of focus on securities and the company's valuation, he said. "With the government holding a 40% stake in Thai Airways, it would be difficult to deny such involvement entirely."

Source: Bangkok Post November 15, 2024 20:15 UTC