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Thai Airways still in holding pattern after cabinet meeting

The cabinet remained split over the status of Thai Airways International ahead of a key meeting of creditors to decide the airline's rehabilitation plan, a source at Government House said on Wednesday. ....

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Thai Airways loss soars to B141bn

Thai Airways loss soars to B141bn
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THAI's debt rehab plan 'needs further review'

THAI s debt rehab plan needs further review
9
published :
9 Feb 2021 at 20:36
Thai Airways International plans parked at Suvarnabhumi airport. (File photo by Wichan Charoenkiatpakul)
Thai Airways International s (THAI) debt rehabilitation plan needs a further review of critical points including the airline s ability to pay off its debts, according to Deputy Prime Minister Supattanapong Punmeechaow.
Mr Supattanapong, as deputy premier in charge of economic affairs, on Tuesday attended a meeting to hear from the planners, among whom are the carrier’s board members.
Emerging from the meeting, he said the government has instructed the Finance Ministry, in its capacity as THAI s biggest shareholder, to conduct a further study of the plan s key points such as the debt structure, cash reserves and its ability to service debt. ....

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