Thai Airways reviewing Tiger alliance after share sales by key shareholders

Reuters, 19 Aug 2010
Aug 19 (Reuters) - Thai Airways International Plc THAI.BK said on Thursday it was reviewing plans for a budget airline alliance with Singapore's Tiger Airways (TAHL.SI) after two big Tiger shareholders and its chief executive sold discounted shares in the budget carrier.
"We have to admit that it's something we never knew before. Now our finance department is looking at more details and considering if the change will affect our plan to set up a new carrier with Tiger," Executive Vice President Chokchai Panyayong told reporters. Full story

Related:
Thai Tiger Airline Deal 'May Fall Apart': Shock Share Selloff - Phuket Wan
Thai Air says Tiger shr sale won't affect alliance plan - Reuters