published : 19 May 2021 at 14:57
updated: 19 May 2021 at 18:49
writer: Agencies
Thai Airways International’s creditors have voted to approve the airline’s restructuring plan, its legal advisor said on Wednesday.
“Ninety percent of creditors voted to approve the plan,” Kitipong Urapeepatanapong,chairman of Baker and McKenzie, the airlines legal adviser,told Reuters, adding the Central Bankruptcy Courtwill need to review the plan on May 28.
Five people have been appointed as its administrators including acting Chief Executive Officer Chansin Treenuchagron and former CEO Piyasvasti Amranandthe, Thai…
Read the full article at: https://www.bangkokpost.com/business/2118327/thai-airways-creditors-approve-restructuring-plan