Nok Air: Six months liquidity remaining

Nok Air estimates it can sustain its business for another six months, although the uncertain market outlook makes predictions difficult.

The recurrence of virus cases locally is affecting the rehabilitation plan, which is scheduled for submission to the Central Bankruptcy Court on March 15, as the airline has to revise it again, said Wutthiphum Jurangkool, Nok Air’s chief executive.

The revision is unlikely to delay the time frame of the rehabilitation process, which started on Dec 15, 2020, when the court’s order was published in the Royal Gazette.

Nok Air has three months from the announcement date to finish the plan.

The airline and passengers are learning to cope with the virus a year into the pandemic, which makes planning easier to manage,…