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 said the government has instructed the Finance Ministry, in its capacity as THAI’s biggest shareholder, to conduct a further study of the plan’s key points such as the debt structure, cash reserves and its ability to service debt.
THAI’s total liabilities stood at 338.9 billion baht…
