Two years ago, PC Air made headlines around the world bringing a fresh wave of sympathy or curiosity among media when the new airline announced to hire Thai transgender persons as flight attendants. Twenty months later, the tune is quite different: this autumn, the carrier left 400 passengers stranded at Seoul Incheon International Airport as it was unable to pay airport’s fees to the operator.

According to the Bangkok Post, a Thai investor is now looking to acquire up to 80% of the shares in the airline to inject much need funds into the ailing airline. Read more.