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

Premium Analysis

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.

Become a CAPA Member to access Analysis Reports

This CAPA Premium Analysis Report is 591 words.
Become a CAPA Member

Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.

Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.

CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 400 News Briefs every weekday and comprehensive data and analysis on thousands of companies around the world.