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Search Result for “rehab”

Showing 1 - 10 of 12

BUSINESS

Shareholders mull THAI's capital bid

Business, Wichit Chantanusornsiri, Published on 15/11/2024

» Thai Airways International's (THAI) shareholders have yet to decide if they want to inject more capital into the company, in line with its rehabilitation plan, as the company's financial situation has improved.

BUSINESS

THAI creditors approve debt restructuring plan

News, Wichit Chantanusornsiri, Published on 20/05/2021

» Thai Airways International's (THAI) creditors on Wednesday formally approved the airline's debt rehabilitation plan which emphasises the state's role in helping the struggling flag carrier access fresh cash injections.

BUSINESS

Creditors vote Wednesday on THAI rehab plan

News, Wichit Chantanusornsiri, Published on 12/05/2021

» If Thai Airways International Plc (THAI) were to go under on decision day, which is Wednesday, creditors would only be paid 12.9% of what is owed to them, a source at the airline warned.

BUSINESS

THAI debt rehab plan 'needs review'

News, Wichit Chantanusornsiri, Published on 10/02/2021

» Thai Airways International's (THAI) debt rehabilitation plan needs a further review of critical points including the airline's ability to pay off its debts, according to Deputy Prime Minister Supattanapong Punmeechaow.

BUSINESS

THAI's debt rehab plan 'needs further review'

Wichit Chantanusornsiri, Published on 09/02/2021

» Thai Airways International's (THAI) debt rehabilitation plan needs a further review of critical points including the airline's ability to pay off its debts, according to Deputy Prime Minister Supattanapong Punmeechaow.

BUSINESS

B310bn farm rehab scheme to begin

Business, Wichit Chantanusornsiri, Published on 25/06/2020

» An agricultural rehabilitation scheme worth 310 billion baht is set to begin this month, helping 2 million people who lost jobs and returned to their home provinces, says Deputy Prime Minister Somkid Jatusripitak.

BUSINESS

Push to keep THAI in the sky

News, Wichit Chantanusornsiri, Published on 01/06/2020

» Creditors are likely to try to keep Thai Airways International (THAI) afloat to pay off debts, raising hope the airline's rehabilitation plan will pass the court's scrutiny, according to a source in the Finance Ministry.

BUSINESS

Thai Airways loses state enterprise status after stake sell-off

News, Wichit Chantanusornsiri, Published on 23/05/2020

» Debt-ridden Thai Airways International (THAI) has lost its state enterprise status after the Vayupak 1 Fund bought a 3.17% stake from the Finance Ministry on Friday, a source at the fund said.

BUSINESS

Thai Airways on verge of B54bn loan

News, Wichit Chantanusornsiri, Published on 12/05/2020

» The Public Debt Management Office (PDMO) is poised to secure a 54-billion-baht short-term loan for Thai Airways International Plc (THAI) for use as working capital if the cabinet approves its rehab plan.

BUSINESS

Economic rehab plan en route

Business, Wichit Chantanusornsiri, Published on 09/05/2020

» A 400-billion-baht borrowing plan intended for economic and social rehabilitation after the pandemic to strengthen the domestic economy will be added to the cabinet's agenda next week, with the first batch expected to be doled out later this month.