Fri, December 18, 2009 : Last updated 19:53 hours
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PB Air shuts down on Dec 21
PB Air will shut down the business on December 21, due to the economic crisis.
Liquidator Songsak Phaktachai said the airline also does not have enough aircraft and due to losses could not lease airplane.
He insisted that the company would pay compensation to all 188 staff. The scheme would be clear within 7 days.
PB Air started the commercial aviation business in 1990.
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