03-Feb-2009 11:47 AM
Thai Airways' turnaround plans approved, Air NZ rated a "buy" - share wrap
Analysis
Thai Airways shares gained 1.4% on 02-Feb-09 after its three-year Business Improvement Plan (BIP) won in principle approval from the State Enterprise Policy Office (SEPO) and the Committee on Rehabilitation and Development of Air Transportation. As a result, Thai is a step closer to receiving a much-needed government injection of funds to help it through its liquidity crisis.
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