Thai low-fare airline Nok Air is eyeing an IPO by mid-2007 to help fund fleet renewal and expansion. "Currently we are looking at 737NGs and the A320 family," CEO Patee Sarasin told ATWOnline in Singapore. He noted, however, that owing to the unfavorable exchange rate of the Thai baht, the carrier will stay with 737-400s for the time being. Nok will add a fourth 737-400 by Feb. 1 and plans to add three more aircraft this year, supporting the addition of three new cities in Thailand that will ...

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