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Creditors of Thai Airways approve reorganization plan | iNFOnews | Thompson-Okanagan s News Source

Creditors of Thai Airways approve reorganization plan

ABC News Turn on desktop notifications for breaking stories about interest? OffOn Creditors of Thai Airways approve reorganization plan Thai Airways International has announced in a filing to the Stock Exchange of Thailand that creditors holding 91.56% of the airline’s debt have approved the company s reorganization plan ByThe Associated Press • 2 min read Email this article BANGKOK Creditors of Thai Airways International holding 91.56% of the airline’s debt have approved a business reorganization plan, the company announced Wednesday in a filing to the Stock Exchange of Thailand. The plan, including three amendments added in consultation with the creditors, now needs final approval by Thailand’s Central Bankruptcy Court on May 28.

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