By Cirium2021-02-19T05:32:00+00:00
The restructuring of Thai Airways International has dominated headlines in the Kingdom, but a smaller, privately held carrier is also reorganising under the same business rehabilitation protection as the flag carrier.
Less is at stake for lessors in Nok Air’s restructuring. The airline has only about half the number of leased aircraft that Thai has, and its fleet is much simpler: just 14 Boeing 737-800s and eight De Havilland Canada Q400s, according to Cirium fleets data.
Source: Nok Air
The 737-800 is the mainstay of Nok Air’s fleet
But the lessors that do have exposure include some of the biggest names in the business, such as Avolon, BBAM, BOC Aviation and GECAS – and all of these lessors have multiple units exposed to Nok.
The Stock Exchange of Thailand (SET) will list Rojukiss International PLC, a leading developer, contract manufacturer, and marketer of skincare, color cosmetic, food supplement products, on February 19 under the ticker symbol KISS . The company has a market capitalization at its initial public offering (IPO) of THB 5.4 billion (approx. USD 179 million).
SET Senior Executive Vice President Manpong Senanarong said that KISS would list and start trading on SET in the Consumer Products industry group, Personal Products & Pharmaceuticals sector.
KISS develops, contract manufactures and markets beauty and healthcare related products in both local and overseas markets as well as providing consultancy services in business operation and marketing activities for its distributors overseas under its proprietary brands. The company has three product groups carrying five leading brands with more than 200 SKUs: 1) Skincare products: Rojukiss , PhDerma/PhD K-Derma , Wonder Herb , and Best Kor
TQR Plc, a reinsurance arm of TQM Corporation, made a strong debut on the Market for Alternative Investment (MAI) on Wednesday, with its share price bucking an otherwise weaker market to close up 200% at 15.30 baht.
CKPower s Push to Sustainability: Recognized by Awards of Achievement bangkokpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bangkokpost.com Daily Mail and Mail on Sunday newspapers.