Thai Premier Expresses Confidence in Thai Airways Revival Plan

Feb. 22, 2021, 11:01 AM

Prime Minister Prayuth Chan-Ocha expressed confidence in the debt rehabilitation pursued by Thai Airways, days before the national carrier is set to submit a restructuring plan to a bankruptcy court.

  • “I’m confident that if everyone works together, Thai Airways will be able to fly and make us proud again,” Prayuth says on Monday after a meeting to discuss the flag carrier’s debt rehabilitation plan
  • NOTE: Thai Airways is due to submit its debt rehabilitation plan to Central Bankruptcy Court in Bangkok by March 2
    • Once the plan is submitted, airline to hold creditors meeting to consider it and appoint plan...

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