Nok Air’s managers gain greater control of the airline

Nok Air Boeing 737-4D7 HS-TDE (msn 26612) (TOT) HKT (Sam Chui), originally uploaded by Airliners Gallery.

Nok Air’s (Bangkok) management is gaining greater control of the airline. Nok Air Management Company (NAM) has been established by the five top executives of the airline led by CEO Patee Sarasin. NAM has reached an agreement to acquire a 25% interest in Nok Air from Dhipaya Insurance Plc (10%), the Government Pension Fund (10%) and Thailand Prosperity Fund managed by ING Funds (Thailand) Co (5%) according to this article by the Bangkok Post.

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This entry was posted in Nok Air and tagged Nok Air on August 20, 2011 by Bruce Drum.

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