16-Feb-2010 11:24 AM
Government ownership questions affect Thai Airways’ shares; reduced jet fuel prices in India
Analysis
The Thai Finance Ministry is considering reducing its majority 51.03% stake in Thai Airways, according to reports in the Bangkok Post. Thai Finance Minister, Korn Chatikavanij, subsequently clarified the speculation, denying the Thai Government plans to reduce its stake in the carrier in the short term, but adding that the move may be a possibility in the long term. Thai Airways' shares slipped 0.5% yesterday.
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