NokScoot budget airline to downsize fleet and staff at end of June

NokScoot budget airline to downsize fleet and staff at end of June

23 Sept 05:03 Key points summarised by AI

NokScoot, a Thai low-cost airline, will downsize its fleet by three aircraft and reduce staffing levels by the end of June due to the severe impact of the COVID-19 pandemic.
This major reorganization is a direct response to anticipated long-term restrictions on international air services, though the airline maintains it is not ceasing operations but awaiting clear signals for resuming international flights.

New home loan scheme aims to boost property sector with Bt125 billion

New home loan scheme aims to boost property sector with Bt125 billion

Yesterday 11:38 Key points summarised by AI

The Cabinet approved a new Bt50-billion 'A House for Each PLUS' home loan scheme from the Government Housing Bank, offering up to Bt3 million with 40-year repayment terms for low- and middle-income earners.
This initiative aims to significantly boost the property sector and national economy, projecting to generate Bt125 billion in economic activity and create jobs.

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