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StarAlliance (Partners) make (a joint) offer for TG shares

StarAlliance (Partners) make (a joint) offer for TG shares

Old Apr 7, 00, 6:01 am
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StarAlliance (Partners) make (a joint) offer for TG shares

Juergen Weber (CEO LH) said at the Singapore-meeting of StarAlliance heads today, that Star will make a 'significant' offer for TG-shares (I translate this in ... 'an offer they (the Tahi governement) can't resist' ...).

Star Alliance will bei Thai Airways einsteigen. Das internationale Flugbündnis Star Alliance will eine Beteiligung an ihrer Partnergesellschaft Thai Airways erwerben. Die Star Alliance werde ein bedeutendes Angebot einreichen, da das Bündnis die Thai Airways auf jeden Fall in seinen Reihen behalten wolle, sagte Lufthansa-Chef Jürgen Weber am Freitag in Singapur. Die Deutsche Lufthansa gilt als eine der treibenden Kräfte in der Star Alliance. Der President der Thai Airways, Thamnoon Wanglee, begrüßte die Initiative der Star Alliance. Die thailändische Regierung will ihren Anteil an der Fluglinie reduzieren.
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Old Apr 7, 00, 6:37 am
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Wow....I find that kind of surprising....doesn't SQ cover enough of Asia that they don't have to worry about TG defecting?

Dorian
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