My Account Menu

CAPA Login

Register to trial CAPA Membership!

Nok Air continues to fight on; but unlikely to survive if crude oil exceeds USD160/barrel


Nok Air’s ebullient CEO, Patee Sarasin, stated if oil reaches USD170 a barrel, “I am better off selling noodles”. Similarly, Nok Air’s Board members and shareholders stated the airline would be better off being grounded if crude oil prices soar above the USD160/barrel mark. [591 words]

Unlock the following content in this report:


  • Survival package outlined
  • Profitability still a hope, but yields too low
  • Thai to maintain 39% holding

Graphs and data:

  • Nok Air ownership structure
Please login to continue reading or find out more about CAPA Membership below.
This content is exclusively for CAPA Membership Subscribers

CAPA Membership gives you the latest aviation news and alerts, access to CAPA articles, reports, and our leading aviation data with optional premium add-ons.