Browsing Tag

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.

1 minute read

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…

2021-08-17

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On May 19, 2021, Thai Airways creditors voted to approve the cash-strapped airline’s rehabilitation plan. “Ninety percent of…

2021-05-19

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On May 12, 2021, Bangkok-based Thai Airways announced that creditors delayed a vote on the airline’s rehabilitation plan. …

2021-05-13

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The Thai government is reportedly opposing cash injection into the cash-strapped Thai Airways. The State Enterprise Policy Office…

2021-05-10

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Thailand’s national air carrier Thai Airways announced that it would cut 240 executive positions as part of its…

2021-02-19

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Thailand’s national carrier Thai Airways reportedly dismissed the report referring to 395 pilot layoffs, after news about the…

2021-02-09