By Cirium2021-06-16T00:57:00+01:00 Thai Airways International received court approval for its restructuring plan at a 15 June hearing, clearing the final hurdle before implementation of the proposals. Kitipong Urapeepatanapong, partner at the company’s legal adviser Baker McKenzie, has confirmed to Cirium that Thailand’s Central Bankruptcy Court approved the plan, but did not offer further details. Source: Wikimedia Commons A Thai Airways A350-900 at Shanghai Pudong International Airport in June 2019 According to the rehabilitation plan Thai submitted on 2 March, its debts as of 14 September totalled Bt410 billion ($13 billion). In order to repay these, Thai requires at least Bt50 billion in new credit and loans over a two- to three-year period from the court’s approval of the plan.