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THAI debt rehab plan ‘needs review’

THAI debt rehab plan ‘needs review’

Ability to service debt must be gauged

Thai Airways International aircraft are parked at Suvarnabhumi airport after most of the fleet was grounded last year. The Covid-19 pandemic has been responsible for driving the financially ailing national carrier deeper into the red. (Photo by Wichan Charoenkiatpakul)

Thai Airways International’s (THAI) debt rehabilitation plan needs a further review of critical points including the airline’s ability to pay off its debts, according to Deputy Prime Minister Supattanapong Punmeechaow.

Mr Supattanapong, as deputy premier in charge of economic affairs, on Tuesday attended a meeting to hear from the planners, among whom are the carrier’s board members.

Emerging from the meeting, he…

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