Thai Airways International Denies Any Intent to Sell Nok Air Shares

Thai Airways International Denies Any Intent to Sell Nok Air Shares

*Travel News Asia*	*Thursday, 18 January 2007*

Flg. Off. Apinan Sumanaseni, President of Thai Airways International, announced on Tuesday that the airline has never considered to sell its share in Nok Air.

Nok Air was established as a low cost carrier in 2004, with major shareholders being THAI (39%), Krung Thai Bank Company Limited (10%), Dhipaya Insurance Public Company Limited (10%), Government Pension Fund (10%) and individual investors, with an investment capital of 500 million Baht.

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