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Britain backs Heathrow airport expansion

Britain gave the go-ahead for a third runway and another terminal at London’s congested Heathrow airport as part of a 9 billion pound ($13.2 billion) expansion, delighting the aviation industry but enraging environmentalists.

Thai Airways seeks $545 mln for working capital

Thai Airways International said on Monday it was seeking 19 billion baht ($545 million) in loans from state-owned banks as it needed working capital after being hit by the recent closure of Bangkok airports.