AVIATION
Investor plans take-off for ailing PC Air
- Published: 26 Nov 2012 at 00.00
- Newspaper section: Business
Talks are in an advanced stage for a new investor to take over PC Air, the troubled Thai charter airline that left hundreds of passengers stranded in South Korea's biggest airport last month.
PC Air’s A310-222 jet at Bangkok’s Suvarnabhumi airport before it was impounded at Inchon.
The investor, described by an industry source as a well-heeled Thai family keen to engage in the airline business, would acquire a stake of more than 80% in the carrier, provide a sorely needed capital injection and formulate a revival plan.
This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.
