Airlines’ foreign holdings face scrutiny

 Airlines’ foreign holdings face scrutiny

EVA Air Airbus A330 at Suvarnabhumi Airport. Photo: Alex Steffler.

All airlines holding air operating licences must submit shareholding details to the Civil Aviation Authority of Thailand (CAAT) by Jan 20 or face licence revocation.

CAAT director Chula Sukmanop said the requirement is part of the agency’s tightened rules on the aviation industry to ensure Thai nationals are not being used as fronts for foreign interests.

Full story: Bangkok Post



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