NokScoot, which was established in Thailand in 2014 by Nok Airlines, is a 49%-owned associated company of Scoot TigerAir, which is a wholly-owned subsidiary of Budget Aviation Holdings.
SINGAPORE (June 26): Singapore Airlines (SIA) announced that the board of directors of NokScoot Airlines has passed a resolution to liquidate NokScoot on Friday.
NokScoot’s shareholders will deliberate the same at its general meeting, to be held in 14 days.
