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Thailand to Offer $769 Million in Loans to Pandemic-Hit Airlines

  • Seven airlines to get loans at below-market interest rates
  • Credit line to help carriers avert layoffs, revive tourism

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The Thai government is set to offer 24 billion baht ($769 million) in loans to seven local airlines to help them counter the blow from the coronavirus outbreak as authorities firm up plans to revive tourism by gradually easing travel restrictions.