The change of government in Thailand will have implications for Thailand’s airline industry.
The Puea Thai Party’s landslide victory over the royalist-backed Democrat Party is good news for Thai AirAsia and bad news for Thai Airways International and its partner, Tiger Airways. It could also spell trouble for Nok Air, a carrier that has links to the Thai monarchy.
The Shinawatra family, which is the driving force behind the Puea Thai Party, is the same family that founded Thai telecommunications conglomerate Shin Corp. And it was Shin Corp. that partnered with AirAsia in late 2003 to found Thai AirAsia. Full story
