May 19, 2020 SOURCE: AFP
Cash-strapped Thai Airways to seek restructuring
Thailand's cash-strapped national carrier will look to undergo a restructuring through the kingdom's bankruptcy court, premier Prayut Chan-O-Cha said Tuesday, as the stricken company is battered by the crash in tourism caused by the coronavirus.
Thai Airways -- which is 51 percent owned by the government -- has long...
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