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Thai Airways sells 4 assets

25 Feb. 2021 at 7:58 a.m.—–

The reporter reported from Thai Airways International Public Company Limited that it had submitted a request for permission to sell 4 assets, namely 1. Nok Air’s shares 2. The shares of Bangkok Aviation Fuel Service Public Company Limited 3. The engines of the Boeing 737- 400 at idle (number 5 engines) and 4. Laksi Training Center Building The Central Bankruptcy Court has completed an inquiry and an order approving the sale of assets under the supervision of the Official Receiver.

Mr. Chansil Tinnuchakorn Acting President of Thai Airways International Public Company Limited said that the company needs to announce the sale of the training center building because in the flight of each flight. Companies need to have a certain amount of money available to pay for the seller of goods or to provide services. Which is the cost associated with operating the flight on that flight As the situation of the COVID-19 epidemic eases and restrictions on the opening of airspace of Thailand and abroad are allowed until flying is permitted. If the company cannot return to flight Besides, the company will lose the opportunity to generate revenue from the aviation business. Which is the main business that the company has already strengthened Also may lose flight rights and flight schedules in various countries This is one of the assets that cannot be assessed as the essence of the Company’s business operations.

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At the same time, the reporter reported that Asia Aviation Public Company Limited () informed the Stock Exchange of Thailand that The operating result of the year 2020 has a loss of 4,764.09 million baht or a loss of 905% from the year ’19, with the year 20 gross income 16,237.3 million baht, a decrease of 61%, with only 9.49 million passengers using the service from the year ’19 with 22.15 million

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