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Thai Airways Rehabilitation Plan Hearing Postponed

Thai Airways is facing further delays in its ongoing business rehabilitation process as creditors who sought to revoke the resolution to amend the rehabilitation plan encountered a setback. The Central Bankruptcy Court has postponed their hearing to 21 January 2025, granting creditors additional time to prepare the necessary documentation.

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Thai Airways Restructures Shareholding via Debt-to-Equity Conversion

Thai Airways International has undergone a significant shareholding restructure as part of a debt-to-equity conversion, altering the composition of its major shareholders. This move is a key element of Thai Airways’ broader restructuring plan aimed at improving its financial stability and positioning the airline for long-term recovery.

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Thai Airways Plans Fleet Simplification and Expansion

Thai Airways International is taking significant steps to simplify and modernize its fleet, focusing on operating three widebody aircraft types and a single narrowbody family in the medium term. This strategy reflects the airline’s efforts to enhance efficiency, reduce operational complexity, and align with its growth objectives.

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Thai Airways Reports Extended Maintenance Delays for Trent Engines

Thai Airways International has reported extended delays in the maintenance of its Trent engines, with service times now significantly exceeding the prior 90-day wait period encountered in earlier maintenance delays. The prolonged checks are a challenge for the airline, as the extended time out of service affects fleet availability and operational efficiency. These delays highlight the impact of global…

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

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…