THAI to sue PAD for Bt20 billion

Transport permanent secretary Surachai Thansitthipon, as chairman of the national airline, said the THAI board's meeting on Wednesday that THAI was forced to cancel all flights during the seizure, costing its big loss.

THAI will also ask for the government's assistance in borrowing Bt20 billion to boost its liquidity.

Earlier, it planned to raise Bt30 billion to finance aircraft purchases. Totally, THAI will need the injection of Bt50 billion, the chairman said.