Thai Airways International Public Co. and Tiger Airways Holdings formally signed a shareholders' agreement to launch Thai Tiger Airways, the low-fare joint venture carrier the companies announced last summer (ATW Daily News, Aug. 3). They also said in a joint statement that RyanThai will own a 10% stake in Thai Tiger. RyanThai will be represented on the Thai Tiger board by Declan Ryan, whose family founded Ryanair. Thai Airways will own 49.9% while Tiger will hold 39% and individual ...

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