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Tuesday, April 23, 2024

Thai Airways still in holding pattern after cabinet meeting

Thai Airways International aircraft are seen parked at Suvarnabhumi airport after most of the fleet was grounded last year. (Photo by Wichan Charoenkiatpakul)

The cabinet remained split over the status of Thai Airways International ahead of a key meeting of creditors to decide the airline’s rehabilitation plan, a source at Government House said on Wednesday.

The question of whether the ailing carrier should return as a state enterprise was high on the cabinet meeting’s agenda. 

The source said Deputy Prime Minister Supattanapong Punmeechaow and Transport Minister Arkhom Termpittayapaisith favoured once again making THAI a state enterprise to increase creditors’ confidence and give the airline a better bargaining position with them.

They called for a quick decision as the key talks with creditors were…

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