Star Alliance to appease Thai with possible stake bid
The core partners in Star Alliance group of airlines are trying to keep Thai sweet by offering a strategic investment in the wake of SIA''s entry.
The Star Alliance group of carriers is trying to appease Thai Airways International (Thai) with assurances it will bid for the 10% stake in the carrier that the Thai government has earmarked for sale to a foreign strategic partner.
The bid plans follow the entry of Singapore Airlines (SIA) into Star Alliance, a move that looks certain to displace Thai as the group's airline of choice in Asia.
Of the key western partners in Star Alliance, Lufthansa flies 10 times a week to Singapore an…
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