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Thai Airways International Postpones Shareholders Meeting.
Bangkok Post (Bangkok, Thailand)
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September 05, 2002 |
COPYRIGHT 2002 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright
Sep. 5--Thai Airways International's board agreed yesterday to put off the extraordinary shareholders' meeting by 10 days to Oct 11 as it wants to spend more time to deal with critical questions anticipated about its major aircraft acquisition plan.
The plan to purchase up to 12 jetliners for 104.70 billion baht over five years has prompted many questions from staff and shareholders of the carrier, according to an airline insider.
The board will spend the weekend reviewing aircraft acquisitions, route expansion and other investments.
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Source: HighBeam Research, Thai Airways International Postpones Shareholders Meeting.