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Thai Airways rehabilitation may take up to seven years, legal advisor says

webfact
webfact
in Thailand News - Discussion

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On 6/8/2020 at 3:28 PM, webfact said:

"The Thai Airways rehabilitation plan should conclude within 7 years, which can include debt to equity conversions, selling assets or an equity injection," he said.

Same old same old>

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  • rasmus5150
    rasmus5150

    I really don't think that Thai Airways will exist in 7 years.

  • Justgrazing
    Justgrazing

    As far as rehab' goes that's quite a stretch .. This is blind arrogant stupidity .. T A is a dead loss .. Any chance of resurrection would require proper aviation experts ( outsiders ) not ex big wigs

  • steven100
    steven100

    Who's going to care how long it takes, they won't be around in 7 weeks  ....  let alone 7 years. Employees will all be gone, management will be dismissed and gone. They have no cash to opera

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Bye bye Thai-the lawyers will get their money either way

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