Seven Thai airlines seek $152m in government soft loans to weather COVID-19 crisis

Seven Thai airlines seek $152m in government soft loans to weather COVID-19 crisis

FILE PHOTO: Workers service a Thai Airways Airbus A380-800 aircraft at Bangkok International Suvarnabhumi Airport, Thailand September 3, 2019. Picture taken September 3, 2019. REUTERS/Amr Abdallah Dalsh

A group of seven Thai airlines are seeking a combined 5 billion baht ($152.16 million) in low-interest loans from the Thai government to help weather the effects of the coronavirus crisis, the Thai Airlines Association said on Wednesday.

The seven airlines had initially requested $770 million in soft loans, but had not received government support.

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