Tiger Airways: More body blows for the budget carrier following recent bad publicity over flight cancellations & pilot shortage. The launch of Thai Tiger Airways could be delayed by up to 2 months from its scheduled Mar 2011 takeoff. According to Bangkok Post, joint partners, Thai flag carrier, Thai Aiways & Tiger Airways require additional time to complete negotiations for the JV.
Thai Airways also faces possible legal opposition from the Transport Ministry on whether the creation of its 51:49 JV with Tiger Airways is legitimate. A breach of the $1.87 would take the stock on further descent to $1.80 level.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment