Hard on the heels of its announcement to buy up to eight ATR 72-600s, Thailand-based Bangkok Airways said its potential IPO cash haul will not be used for expansion, but for consolidation and asset purchase. “We intend to fully purchase all the new ATR aircraft,” Bangkok Airways president Puttipong Prasarttong-Osoth told ATW. The ATR 72-600s will be delivered over the next two years. One will arrive later in 2014, five in 2015 and one in 2016. They will be phased in as ...

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