20-Jan-2009 10:59 AM
Thai Airways slumps as cash flow problems worsen, Jet Airways jumps - share wrap
Analysis
Thai Airways shares slumped yesterday to their lowest level since listing in 1992 on reports the carrier could seek up to USD544 million in emergency loans from state-owned banks as it grapples with cash flow problems. The airline is struggling amid a downturn in foreign visitor arrivals and its own failure to restructure during the good times.
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