OBS_VALUE: 51% of equity share must be hold by; 1. Thai natural persons 2. Government entities 3. Limited liability or public company where majority share is owned by Thai natural persons or government entities 4. Limited partnership with all Thai general partners and 51% of the capital owned by Thai natural persons 5. Registered partnership with all Thai partners 6. Other. For an unofficial English translation of the Regulation of the Civil Avitation Board (No.97) Regarding Granting Licensing to Civil Avitation Business: Commercial Air Transport and Aerial Work B.E.2562 (2019) , please seehttps://www.caat.or.th/wp-content/uploads/2019/07/CAOL-amended-by-No.98.pdf