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THAI dismisses bankruptcy rumours

May 17. 2020
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By The Nation

Thai Airways has clarified that it has no intention to file for bankruptcy, responding to several rumours about the national flag carrier's future.

There were rumours that Thai Airways would file for bankruptcy in court on May 15.

THAI's recovery plan has been approved by the airline’s committee on May 17 and the State Enterprise Policy Office will supervise it.

The plan is soon to be presented to the Cabinet to give more clear directions on the future of Thai Airways.

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