By Chartchai Parasuk

Bangkok Post-Feb 18

On March 2, Thai Airways will submit its business rehabilitation plan to the Central Bankruptcy Court. After that, in around May, the court will assemble Thai Airways’ creditors to vote on the plan. If a majority of creditors vote yes, the court will appoint rehabilitation plan administrators and Thai Airways will conduct its business according to the plan. If a majority of creditors vote no, Thai Airways will be declared bankrupt and will head towards liquidation.

Read more at: https://www.bangkokpost.com/opinion/opinion/2070151/time-to-bid-farewell-to-thai-airways-