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Scoot, Nok Airlines to establish low-cost carrier

NokScoot will have initial investment of 2b baht

SCOOT, Singapore Airlines' low-cost subsidiary, has signed a memorandum of understanding with Nok Airlines, a budget carrier owned by Thai Airways, to establish a new low-cost airline to be based in Bangkok.

The new airline will be named NokScoot, with an initial investment of two billion...

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