Kan Air readies lawsuit
Kan Air, one of 4 Thai-registered airlines alleged by the Civil Aviation Authority of Thailand to be in financial trouble, will file a lawsuit against authorities for defamation. Somphong Sooksanguan, president of Kannithi Aviation, which operates Kan Air, said Tuesday that the CAAT's public disclosure of the debts was unethical and critically damaging to the commuter airline's creditability. He confirmed that the airline had paid back in full the THB10.2m it owed to Aeronautical Radio of Thailand, the air navigation service provider known as Aerothai, and THB1.11m to Airports of Thailand. "Debt is part of doing business, but my question is was the money we owed such an enormous amount by industry standards to suggest a financial disaster? The answer is no," Somphong said. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2016-02-24/unaligned/kan-air-readies-lawsuit
https://portal.staralliance.com/cms/logo.png
Kan Air readies lawsuit
Kan Air, one of 4 Thai-registered airlines alleged by the Civil Aviation Authority of Thailand to be in financial trouble, will file a lawsuit against authorities for defamation. Somphong Sooksanguan, president of Kannithi Aviation, which operates Kan Air, said Tuesday that the CAAT's public disclosure of the debts was unethical and critically damaging to the commuter airline's creditability. He confirmed that the airline had paid back in full the THB10.2m it owed to Aeronautical Radio of Thailand, the air navigation service provider known as Aerothai, and THB1.11m to Airports of Thailand. "Debt is part of doing business, but my question is was the money we owed such an enormous amount by industry standards to suggest a financial disaster? The answer is no," Somphong said. <br/>
