A&A News – 2021.05.20

Thai Airways creditors approve restructuring plan

 

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 airline’s legal adviser, told Reuters, adding the Central Bankruptcy Court will need to review the plan on May 28.

Source: https://www.bangkokpost.com/

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