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Posted

THAI woes under ‘urgent’ scrutiny

By The Nation

 

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The multiple problems saddling Thai Airways, including the impact of the Covid-19 virus, are getting urgent attention at the ministries of Finance and Transport and solutions are expected within two months, the permanent secretary at Finance said on Wednesday (March 25).

 

“Both ministries are urgently finding solutions to bring the situation back to normal as soon as possible,” said Prasong Poontaneat. “We affirm that there is absolutely no intention to close Thai Airways.”

 

Within two months, he said, measures will be announced to solve the national carrier’s liquidity problem, “such as by increasing capital or borrowing money, but we have to study this thoroughly first”.

 

“And we have to evaluate how long the Covid-19 situation could last.”

 

Source: https://www.nationthailand.com/news/30384806

 

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-- © Copyright The Nation Thailand 2020-03-25
  • Haha 2
Posted

I do not agree.

Thai had a plan better than many other crippled airlines & this unfortunate situation

has hit them at a bad time. Some will die now.

How much do you think Dubai will bail out Emirites for,  just to ensure that on return to business they get "foreign receipts" as they have never made a profit either

  • Heart-broken 1
  • Haha 1
Posted

As an airline they're already losing approx 1 billion / month and now the added problem of this. It will be incredible if they can survive. 

  • Like 2
Posted

As I recall Thai cival servants in both Pattaya and Bangkok,dressed in period costumes, sang and posted on social media get well ballads to encourage the Chinese to overcome the Virus.........China owes Thailand several sympathy songs...I AM I THE ONLY ONE WHO CARES!!!

  • Like 2
Posted
21 hours ago, natway09 said:

I do not agree.

Thai had a plan better than many other crippled airlines & this unfortunate situation

has hit them at a bad time. Some will die now.

How much do you think Dubai will bail out Emirites for,  just to ensure that on return to business they get "foreign receipts" as they have never made a profit either

The cost to keep Qantas international fleet grounded is in the billions and they've axed 80% of their Domestic fleet, that will give U a ball park figure what Thai Int needs, there's 700 billion in the wings from the Government for restart up, after the virus departs, whenever that will be.

Posted
23 hours ago, natway09 said:

I do not agree.

Thai had a plan better than many other crippled airlines & this unfortunate situation

has hit them at a bad time. Some will die now.

How much do you think Dubai will bail out Emirites for,  just to ensure that on return to business they get "foreign receipts" as they have never made a profit either

Malaysian Airlines know how it feels

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