Bangkok Post : KTB rebuffs THAI offer for Nok
It improved its offer in the face of lingering difficulties, largely opposition from the Transport Ministry to its proposed launch of a new low-cost carrier in partnership with Singapore's Tiger Airways.
Industry observers say the chance of Thai Tiger Airways, 51% owned by THAI and other Thai entities and 49% by Tiger, getting off the ground is very slim as THAI has been unable to meet the growing list of conditions demanded by the ministry.
It makes no sense for Thai to pursue a partnership with Tiger Singapore any further. The word is, Tiger has such a poor image already in Thailand and SE Asia it would damage the Thai brand. It is believed that Thai will buy a bigger slice of NOK once it can work out a deal with Thailand's Krung Thai Bank.
Still believe J* would do well if it setup more services in Thailand rather than Singapore...
