Thai Airways International a member of the Star Alliance - The Airline Network For Earth - wants a strategic €uropean bank or airline to hold a strategic stake in the airline.
Thai Airways International's newly appointed president Kanok Abhiradee said, "We hope to be able to have a road show by either year end or the beginning of next year," Kanok said. "Most likely Europe...We have principally targetted strategic investors first of all within Star Alliance."
The Star Alliance is comprised of Thai Airways and Singapore Airlines among other 15 member airlines.
"The European market has been less affected by the catastrophe in September," he said, referring to the September 11 attacks which wreaked havoc on the airline industry, especially in North America"
Thai Airways is 93% owned by the Thai government.
More information at the Reuters / Yahoo website