|

Thai Airways Issues 5.1B Shares in Capital Restructuring

ByAdmin

Thai Airways International has successfully completed the issuance of 5.1 billion additional common shares, a significant step in its business rehabilitation plan and capital restructuring efforts. This move aims to fortify the airline’s financial stability as it continues its recovery from financial challenges and positions itself for long-term sustainability.

| |

Thai Airways Faces Opposition Over Amendment to Add Government Officials as Administrators

ByAdmin

Thai Airways International faces strong opposition from its labor union and creditors regarding a proposed amendment to its business rehabilitation plan. The amendment seeks to add two government officials as administrators of the airline’s rehabilitation process, a move that has stirred concerns among stakeholders. Both the labor union and creditors argue that appointing government officials as administrators could influence the airline’s management and…