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THAI air cargo JV to be set up next year.

Asia Africa Intelligence Wire

| August 20, 2004 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Thai Press Reports)

Section: Corporate News - Thai Airways International plans to establish an air-cargo joint venture in April next year in a bid to push Thailand towards becoming the Asian hub for air freight. THAI president Kanok Abhiradee said that the company would release a clear model of the joint venture in the next five weeks. Details of the number of partners and their qualifications, along with planned routes, will then be made public. "We need partners who are global air-freight forwarders, because it will help us to manage flights and supply customers on both departure and arrival flights. If we have goods to deliver only one way, we will certainly …

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