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Thai Airways Allowed to Restructure Company


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MIAMI – Thai Airways (TG) received its corporate restructuring clearance on Monday. The central bankruptcy court has said the company can proceed with the corporate reorganization plan, a crucial step for the carrier. Thai Airways is in debt for around ฿350m (US$11bn), according to Chansin Treenuchagron, its interim president. Court’s Ruling Thai Airways has gotten […]

The post Thai Airways Allowed to Restructure Company appeared first on Airways Magazine.

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