Creditors approve Thai Airways restructuring plan

Thai Airways International (THAI)’s restructuring plan was approved by creditors yesterday (Wednesday), holding 91.56% of the carrier’s combined debts. The airline’s creditors, who met via video conference, after the postponement of the meeting on May 12th, also approved the appointment of five administrators, former THAI President Piyasvasti Amranand, Acting THAI President Chansin Treenuchagron, Pornchai Thiravet […]

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Civil Aviation Authority of Thailand Warns Airlines to Check Certificates of Entry

BANGKOK (NNT) – The Civil Aviation Authority of Thailand (CAAT) has stressed that all airlines must check the Certificate of Entry (CoE) of all foreign passengers before they arrive in Thailand, in compliance with the Foreign Affairs Ministry’s screening guidelines. The order came after the ministry suspended the issuance of CoEs for foreign arrivals from […]

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Nok Air rehabilitation process go-ahead

Low-cost carrier Nok Air has received permission from the Central Bankruptcy Court to embark on the rehabilitation process, with its business plan scheduled to be rolled out by next January. “Even though Nok Air can reduce accumulative losses, the airline has suffered from the outbreak, which has grounded our fleet for months,” said Kasemsant Weerakun, […]

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Thai Smile Airways to Stay

BANGKOK, Oct 9 (TNA) — Thai Airways International (THAI) has confirmed it will not disband its wholly owned Thai Smile Airways, the business of which remains competitive. Acting THAI president Chansin Treenuchagron said there was not a plan to shut down the airline as the operations of Thai Smile Airways was gradually improving and its […]

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