HISTORY: THAI AIRWAYS INTERNATIONAL, trading as THAI is the flag carrier airline of Thailand. THAI Airways has its origins in 1960 as a joint venture between Scandinavian Airlines (SAS), which held a 30 percent share of the new company valued at two million Thai baht, and Thailand's domestic carrier, Thai Airways Company. The purpose of the joint venture was to create an international wing for the domestic carrier Thai Airways Company. On 1 April 1988, then-Prime Minister Gen. Prem Tinsulanonda, in seeking to have a single national carrier, merged the international and domestic operations of the two companies to form the present company, Thai Airways International.
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