THAI restructuring

STARTING DATE: 19 May 2020

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TOTAL UPDATE: 49 STORIES

The cabinet resolved on May 19 to restructure loss-ridden Thai Airways International Plc under the supervision of Bankruptcy Court instead of injecting 54 billion baht in taxpayers' money into it as requested by the flagship carrier.

THAI restructuring
LATEST
9 Oct 2020

THAI staff angered by executive promotions

The Thai Airways International workers' union is protesting against the appointment of the THAI board chairman's wife to a higher position, saying it undermines trust in the beleaguered organisation.

9 Oct 2020 50
THAI staff angered by executive promotions
2 Oct 2020

Thai Airways cashing in on fried dough

Bankrupt Thai Airways International plans to franchise its own popular version of patong-go, or deep-fried dough, which already brings in about 10 million baht in monthly sales.

2 Oct 2020 29
Thai Airways cashing in on fried dough
25 Sep 2020

Sky tour

Thai Airways International is opening its flight simulators to the general public and taking people around the country on sight-seeing flights for a fee.

25 Sep 2020 51
Sky tour
24 Sep 2020

Thai Airways deadline

A deadline has been set for individual creditors to recover their money from Thai Airways International.

24 Sep 2020 20
Thai Airways deadline
18 Sep 2020

Govt aid for Thai Airways International's layoffs?

The State Enterprises Workers' Relations Confederation urged for financial assistance for the almost 2,600 workers laid off by a Thai Airways International subsidiary.

18 Sep 2020 12
Govt aid for Thai Airways International's layoffs?
15 Sep 2020

Requests for repayment

Thai Airways International has asked its creditors to file requests for debt repayments with the Department of Legal Execution.

15 Sep 2020 25
Requests for repayment
13 Sep 2020

THAI anxiety

The Central Bankruptcy Court will decide on Monday whether struggling Thai Airways can go ahead with its plan to rehabilitate its massive debt.

13 Sep 2020 43
THAI anxiety
2 Sep 2020

Probe results

The Transport Ministry has submitted the findings of a probe into alleged irregularities involving Thai Airways International to the Finance Ministry for further action.

2 Sep 2020 26
Probe results
26 Aug 2020

Court sets date for THAI rehab ruling

The Central Bankruptcy Court is due to hand down its ruling on Thai Airways International Plc's (THAI) rehabilitation plan on Sept 14 after all three rounds of hearings of creditors opposing the rehab plan have wrapped up.

26 Aug 2020
25 Aug 2020

THAI ruling

The Central Bankruptcy Court sets Sept 14 for a decision on whether Thai Airways International should enter rehabilitation.

25 Aug 2020 22
THAI ruling