FlyerTalk Forums - View Single Post - Lifeline arranged to keep THAI afloat
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Old Sep 2, 2014, 6:11 am
  #14  
transpac
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Join Date: Sep 1999
Posts: 12,375
This article on MH has some interesting figures with comparisons to TG; the number of employees per aircraft for TG kind of jumps out.


http://centreforaviation.com/analysi...iveness-184815


I also saw another news brief about about Nok Air (partially owned by TG) still in the red.

http://www.reuters.com/article/2014/...0GW32N20140901



And, US Ex-Im backs $497m Thai Airways Boeing order
01 September 2014 - Us Ex-Im has guaranteed an ING loan for the purchase of three aircraft.


The Export-Import Bank of the United States (US Ex-Im) has provided a $497 million loan guarantee to Thai Airways for the purchase of three Boeing 777-300ER aircraft.

ING Capital was the sole arranger (MLA) of the US Ex-Im guarantee and will...



I think we'll have to wait and see what TG presents to the "Superboard" re: short-term financing, and turn-around plans. This might happen over the next few weeks.
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