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Thai Airways to sell assets to raise more funding - Thai PBS World Tonight [24th February 2021]

Thai Airways to sell assets to raise more funding - Thai PBS World Tonight [24th February 2021]

13 Sept 10:56 Key points summarised by AI
  • Thai Airways received bankruptcy court approval to sell key assets, including its Laksi training center, Nok-Air shares, Bangkok Aviation Fuel Services (BAFS) shares, and Boeing 737-400 engines, to secure additional funding.
  • The airline, already under bankruptcy protection and nearing liquidation, faces severe financial hardship due to limited travel caused by the COVID-19 pandemic.
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