Thai Airways swings into profit amid restructuring
Thai Airways posted a net profit in the first half of 2021, its first since the beginning of…
rehabilitation plan
6 articles
This refers to plans put in place to rehabilitate or recover an aviation business, often after bankruptcy or significant financial distress.
Creditors approve Thai Airways rehabilitation plan
On May 19, 2021, Thai Airways creditors voted to approve the cash-strapped airline’s rehabilitation plan. “Ninety percent of creditors…
Creditors delay vote on Thai Airways rehabilitation plan
On May 12, 2021, Bangkok-based Thai Airways announced that creditors delayed a vote on the airline’s rehabilitation plan. During…
Government to oppose cash injection into Thai Airways?
The Thai government is reportedly opposing cash injection into the cash-strapped Thai Airways. The State Enterprise Policy Office…
Thai Airways cuts 240 executive positions to avoid bankruptcy
Thailand’s national air carrier Thai Airways announced that it would cut 240 executive positions as part of its…
Thai Airways denies reports of 395 pilot layoffs
Thailand’s national carrier Thai Airways reportedly dismissed the report referring to 395 pilot layoffs, after news about the…