Thailand’s budget and full-service carriers are seeking soft-loans worth 25 billion baht from the government to support their businesses amid the coronavirus outbreak, an airline executive said on Friday.
Commercial air travel has all but stopped as the coronavirus continues to spread and Southeast Asia's second-largest economy stands to lose 1.3 trillion baht, most of it in the tourism sector.
The package will provide liquidity for the airlines, Tassapon said, adding that they were looking for a 6.25 billion baht disbursement, worth a quarter of the credit facility, to begin this month."We agree with the operational guidelines, but there are still details that require the airlines to do homework," said Lavaron Sangsnit, Director-General, Fiscal Policy Office.
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