Replies to post #1183 on Thai Airways Intl (TAWNF)

[Smilin_B]

The Thai State has been bankrolling Thai Airways for 12 straight years of losses. They sold their shares to bring it down below 50% interest and part of the reason they are in discussions is to see if the state of Thailand will regain majority control over the company. Creditors are absolutely next in line followed by Bond holders and then preferred stockholders