Tuesday, 25 Aug 2020 07:35 PM MYT
BANGKOK, Aug 25 — Thailand’s bankruptcy court will rule on September 14 whether to approve or reject Thai Airways International Public Company Limited ’s request for restructuring. In a statement, THAI director and acting president, Chansin Treenuchagron said today’s proceedings went smoothly with good prospects.
THAI had been in trouble before the Covid-19 outbreak due to stiff competition from budget airlines, global economic slowdown and bloated costs.
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