Thai Airways prepares to apply for the Central Bankruptcy Court Extend the time to submit a business rehabilitation plan for another 1 month and make a business plan. Set a flight plan And marketing plans to wait for the COVID-19 day to resolve
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On December 25, 2020, Mr. Chansin Treinuchakorn, Acting President of Thai Airways International Public Company Limited or THAI, mentioned the progress of the rehabilitation plan of Thai Airways. At present, all parties involved are working on the rehabilitation plan fully. In addition to having to prepare a business rehabilitation plan to prepare for submission to the Official Receiver
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Thai Airways also makes other plans along with the rehabilitation plan. Whether it is a business plan Flight plan determination As well as adjusting the organizational structure to be prepared to provide services And increase competitiveness in the aviation industry As the COVID-19 situation eases, operations are subject to many subtleties. Therefore must be thoroughly and thoroughly
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For grouping creditors And the conditions for receiving payment of the creditors. Will be considered fair and in accordance with the law The creditors will certainly receive debt repayment under the business rehabilitation plan in the event that Thai Airways goes bankrupt.
In which the plan maker will listen to various opinions Of creditors as much as possible To be used in the preparation of the rehabilitation plan Which throughout the past period Thai Airways had a meeting to hear the opinions of various creditors. And if the business rehabilitation plan has been completed, the company will disclose information and clarify details to creditors further.
However, it is expected to be able to conclude and submit the rehabilitation plan to the official receiver on February 2, 2021, which in the week of 28-30 Dec 20, Thai Airways will submit a court request for an extension of one month from the original. Scheduled to submit a rehabilitation plan on 2 Jan 2021
It is expected that it will take about 1 month to call a meeting of creditors to consider approving the rehabilitation plan in March ’64 and the Central Bankruptcy Court meeting to receive the plan around April – May. 64 It will then proceed to implement the rehabilitation plan.
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