United Kingdom
United States
Asia Pacific
NokScoot enters liquidation
The global Covid-19 pandemic has claimed another airline business.
Singapore-Thailand joint venture NokScoot is staying grounded for good.
The carrier’s board of directors opted to liquidate the airline, which will be put to a general meeting of shareholders within the next two weeks.
Rumours that the airline was likely to fold have been swirling for some time.
NokScoot is a joint venture between Thailand’s Nok Airlines and Singapore Airlines owned budget carrier Scoot.
The closure won’t affect either of these two airlines.
The joint venture was formed in 2014 and has consistently been operating at a loss, even before the pandemic.
"Unprecedented challenges arising from the Covid-19 pandemic have further exacerbated the situation. Consequently, the board of directors does not see a path to recovery and sustainable growth for the airline," the company said.
Based at Bangkok’s Dom Mueang Airport, NokScoot operated flights across Asia including China, Japan, Singapore and Taiwan.
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
Kittipong Prapattong’s Plan for Thailand’s Tourism Growth: Taxes, Visas, and Campaigns
James Jin: Didatravel’s Journey from China to Global Reach and the Impact of AI on Travel
Darien Schaefer on Pensacola’s Evolution: From Small Town to Global Destination
Florida Tourism’s Next Frontier: Dana Young on Expanding Beyond the Classics
Patrick Harrison on Tampa Bay Tourism’s Resilience and Marketing Strategy
Bubba O’Keefe on Clarksdale’s Vibrant Music Scene
Commemorating Elvis and Embracing Tupelo’s Culture with Jennie Bradford Curlee
Craig Ray and the Expansion of the Blues Trail
Presenting Mississippi’s Cultural Trails with Katie Coats
Robert Terrell: A Journey Through BB King’s Influence
Rochelle Hicks: Celebrating Mississippi’s Musical Legacy
Exploring Jacksonville with Katie Mitura: The Flip Side of Florida
Dozens fall ill in P&O Cruises ship outbreak
Turkish Airlines flight in emergency landing after pilot dies
Boy falls to death on cruise ship
Unexpected wave rocks cruise ship
Woman dies after going overboard in English Channel