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High winds may have pushed United plane into jet bridge at Buffalo airport

New York officials say high winds may have caused a United Airlines plane to hit a jet bridge at the Buffalo airport as it was departing for Newark, New Jersey. An airport spokeswoman says none of the 158 people on board Flight 1442 were hurt Wednesday morning. The accident is under investigation. Winds of nearly 60 mph had been recorded earlier Wednesday. A winter storm warning remains in effect for much of New York state. Many school districts either remained closed or had two-hour delays during the second day of the messy storm. As much as 5 inches of snow fell in some parts of the state on Tuesday. The forecast calls for lesser accumulations on Wednesday.<br/>

THAI stake in Nok dilutes to 16% after new share issue

Nok Air has completed a Bt2.3b (US$73.3m) capital raising exercise, which has diluted THAI's stake in the budget carrier from 21.8% to 16%. The exercise closed on 6 February, with existing shareholders allocated one new share for every 2.5 shares held. The new shares were priced at Bt2.75, Nok states in a 13 February stock exchange disclosure. That represents a notable premium over Nok's recent share price, which closed at Bt2.28 on 13 February. Out of the 909m shares allocated, around 837m were taken up. The remainder are set to be distributed to other shareholders. Thai Airways states in a separate disclosure that it waived its right to subscribe up to 198m of Nok shares, which would have cost it up to Bt545m, resulting in the dilution of its stake. <br/>