THAI Smile establishment in Q2

FRIDAY, SEPTEMBER 27, 2013
THAI Smile establishment in Q2

Thai Airways International initially plans to spin off THAI Smile next year, with the establishment of a new subsidiary in the second quarter.

 
THAI President Sorajak Kasemsuvan said that THAI Smile will then have to apply for a new code and this will allow it to explore opportunities in the areas where the parent company has not yet made presence felt.
THAI Smile, now a business unit, is servicing with THAI's code. 
The new subsidiary will have leased 20 aircraft from THAI by 2015.