nok1
BANGKOK, June 27 (AP): Thailand's low-cost carrier NokScoot, which is partly owned by Singapore Airlines, said its board of directors decided to liquidate the company as the Covid-19 (coronavirus) pandemic dimmed prospects for its recovery.
The airline, a joint venture between Singapore-based Scoot and Nok Airlines Plc, has not recorded a full-year profit since its inception in 2014.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
