32.7 C
Bangkok
Monday, May 13, 2024

Nok Air imagines shift to premium segment in rehab plan

Nok Air imagines shift to premium segment in rehab plan

A Nok Air plane is seen at Don Mueang airport. (Bangkok Post file photo)

Nok Air plans to add 5 billion baht in liquidity through a five-year rehabilitation plan starting next year as it prepares to shift segments to premium service.

Chief executive Wutthiphum Jurangkool said the airline plans to restructure the debt load of 5.15 billion baht via the rehabilitation process over five years.

Nok Air is the second airline after Thai Airways (THAI) to file a rehabilitation petition with the Central Bankruptcy Court,…

Read more…

Latest Articles