Shin Corp, founded by Thai Prime Minister Thaksin Shinawatra, will join South East Asia's sole no-frills carrier in operating the country's planned budget airline and compete with Thai Airways International Pcl.(Thailand)(Brief Article)

From: Business Asia | Date: November 1, 2003 | Copyright information

Shin Corp, founded by Thai Prime Minister Thaksin Shinawatra, will join South East Asia's sole no-frills carrier in operating the country's planned budget airline and compete with Thai Airways International Pcl. Bangkok-based Shin will contribute 51 per cent to the unnamed budget carrier's capital of 400 million baht ($13.9 million), while Kuala Lumpur-based AirAsia wil...

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