11-Oct-2010 11:50 AM
Thai Airways President stated Thai Tiger Airways start-up on course
Thai Airways President Piyasvasti Amranand said the establishment of Thai Tiger Airways (TTA) was on course stating TTA will "take to the skies by next Mar-2011 as planned" (Bangkok Post, 09-Oct-2010). THAI and Tiger Airways signed an MoU on 01-Aug-2010, with Dr Piyasvasti adding: "Nothing has changed. The principle, philosophy and logic behind the creation of TTA remain firmly unchanged." A formal joint venture agreement has yet to be signed, nor has TTA applied for an operating licence from the Civil Aviation Department.