THAI rehabilitation plan approved, board of five plan administrators formed to start implementation

Bangkok –

The Central Bankruptcy Court today, June 15th, approved a rehabilitation plan for Thai Airways International (THAI) and formed a board of five plan administrators to immediately start the implementation.

The Court’s decision has ruled after receiving two objection letters from creditors as well as explanations from planners and the opinions of a receiver.

The rehabilitation plan from the meeting of creditors was initially endorsed on May 19th. It also included a nomination of plan administrators, namely Piyasvasti Amranand, Pornchai Teerawej, Siri Jirapongpan, Kraisorn Baramee-auychai, and Chansin Treenuchagron. They were authorized to manage the airline business and implement its rehabilitation plan.

THAI Acting President Chansin Treenuchagron stated that the business rehabilitation administrators are ready to proceed with the rehabilitation plan for the best for all THAI creditors and customers. The airline also hopes to provide full aviation services as soon as the Covid-19 epidemic situation has improved to become a strong national airline and generate profits in the long run.

-=-=-=-=-=-=-=-=-=-=-=-=-=-=–=–=–=–==-

Don’t forget to subscribe to our newsletter and get all our news delivered to you in one spam-free daily e-mail Click here!

Help support The Pattaya News in 2021!

Follow us on Facebook, Twitter, Google News, Instagram, Tiktok, Youtube, Pinterest, Flipboard, Parler, or Tumblr

Join us on LINE for breaking alerts!

Join the discussion in our Facebook group https://www.facebook.com/groups/438849630140035/or in the comments below.

Want to advertise with us or inquire about promoting your business, event, charity, or sporting event? E-mail us at Pattayanewseditor@gmail.com

Have a General news tip, press release, question, comment, etc? We are not interested in SEO proposals. Mail us at Pattayanewseditor@gmail.com

Sending
User Review
0 (0 votes)