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Joined: Sun Nov 07, 1999 6:04 am

Who Will Buy The Shares In Thai?

Wed Apr 12, 2000 5:53 am

I recently read in Aviation Week that the Thai government has finally decided to sell ten percent of THAI to a "partner airline". The article says THAI will be staying with Star so that probably limits the buyer to another Star airline. It says that Lufthansa is high on the list. However, do you think its possible for a strong airline from another alliance to offer THAI a good deal and at the same time convince them to change alliances? Even though THAI has publicly said it will stay with Star it is no secret that THAI is still not very happy SIA's induction into the group. Just a thought. What do you guys think?
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Joined: Tue Nov 16, 1999 11:32 pm

RE: Who Will Buy The Shares In Thai?

Wed Apr 12, 2000 6:50 pm

I read somewhere that SAir-Group is probably intrested in Thai. I think in this case Thai would not stay any longer a member of Star.
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RE: Who Will Buy The Shares In Thai?

Wed Apr 12, 2000 7:05 pm

You are right, ZRH, SR is indeed very interested in a share in THAI. As you know, Thai is not at all happy with SIA entering STAR, actually a rival of Thai. Therefore Thai is looking to other partners. SR is said to be a serious candidate. SR and Thai have signed a code-share agreement covering all the flights between Switserland and Thailand. And as SR is still looking for a strong Asian partner (althought they say they just want to have agreements on routes, not on a whole region in Asia) they would be very interested.
Tg 747-300
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RE: Who Will Buy The Shares In Thai?

Thu Apr 13, 2000 1:27 am

Will this mean that Thai will change their profile?
I hope the passengers don't will see any changes when they flies Thai, bacause the airline is so great (it can't be better)
Personaly I hope SAS will by the 10% because SAS and thai was very close tied in the 70's I think (thai used SAS planes etc...)

Tg 747-300
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RE: Who Will Buy The Shares In Thai?

Thu Apr 13, 2000 3:29 am

Tg 747-300
You could be right that SAS will buy a stake in Thai but SAS is also a member of STAR and at this very moment THAI has a little bit a problem with STAR as SIA is entering the alliance. The question about SR is however, whether Thai finds SR and the Qualiflyer Group strong enough to cooperate with. Maybe Thai hopes to be part of Wings, as this alliance is also looking for an Asian partner I thought. Or would Thai joine Delta-AF?
Anyone who would like to comment on these questions?

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