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THAI creditors approve debt restructuring plan


THAI creditors approve debt restructuring plan
12
published :
20 May 2021 at 06:00
Thai Airways aircraft remain grounded at Suvarnabhumi airport in Samut Prakan province. (Photo: Apichit Jinakul)
Thai Airways International s (THAI) creditors on Wednesday formally approved the airline s debt rehabilitation plan which emphasises the state s role in helping the struggling flag carrier access fresh cash injections.
The creditors approved the plan in a vote which had been postponed from last week to allow them to study some last-minute tweaks to the plan.
Twenty-eight out of the 36 groups, representing 13,000 creditors which hold some 116 billion baht of THAI s debts, casted votes in favour of the plan, after chapters 4, 13 and 15 of the plan were amended. ....

Krung Thep Mahanakhon , Samut Prakan , Piyasvasti Amranand , Pornchai Teerawej , Chansin Treenuchagron , Siri Jirapongpan , Apichit Jinakul , Kraisorn Baramee Auychai , Enterprise Policy Office Sepo , Thai Airways , Department Of Legal Execution , Apichit Jinakul Thai Airways , Federation Of Savings , Bangkok Bank , Credit Cooperatives Of Thailand , Thai Airways International , Airways International , Legal Execution , Thailand Limited , State Enterprise Policy Office , தாய் வானெறிக்குழுப்பெயர் , துறை ஆஃப் சட்டப்பூர்வமானது மரணதண்டனை , கூட்டமைப்பு ஆஃப் சேமிப்பு , பாங்காக் வங்கி , தாய் வானெறிக்குழுப்பெயர் சர்வதேச , வானெறிக்குழுப்பெயர் சர்வதேச ,

PM denies B50bn Thai Airways recap plan


PM denies B50bn Thai Airways recap plan
33
Prayut says govt won t get involved
published :
15 May 2021 at 04:00
Thai Airways International planes are seen at Suvarnabhumi airport. (Bangkok Post file photo)
Prime Minister Prayut Chan-o-cha on Friday denied reports that the government, through the Finance Ministry, would allocate 50 billion baht to recapitalise financially struggling Thai Airways International Plc (THAI).
He was responding to reports the carrier would again become a state enterprise through the re-acquisition of the ministry s majority stake in the airline.
The prime minister said THAI is currently moving through the debt rehabilitation process.
I have decided that the government will not involve itself in the work of the rehabilitation plan administrators. ....

Krung Thep Mahanakhon , Pantip Sripimol , Supattanapong Punmeechaow , Gen Prayut , Prayut Chano Cha , Arkhom Termpittayapaisith , Enterprise Policy Office , Thai Airways International , Thai Airways International Plc , Government Savings Bank , Bangkok Post , Minister Prayut Chano Cha , Finance Ministry , Finance Minister Arkhom Termpittayapaisith , Deputy Prime Minister Supattanapong Punmeechaow , State Enterprise Policy Office , Thai Airways , நிறுவன பாலிஸீ அலுவலகம் , தாய் வானெறிக்குழுப்பெயர் சர்வதேச , தாய் வானெறிக்குழுப்பெயர் சர்வதேச ப்ல் , அரசு சேமிப்பு வங்கி , பாங்காக் போஸ்ட் , நிதி அமைச்சகம் , நிலை நிறுவன பாலிஸீ அலுவலகம் , தாய் வானெறிக்குழுப்பெயர் ,