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THAI forecasts profits from its “main business operation” by 2023
March 30th 2021
Thai Airways International (THAI) said this week the preliminary estimation of its business reorganisation plan showed the airline is forecast to "generate profits from its main business operation" by 2023. Read More » The disclosure was part of a regulatory filing to the Stock Exchange of Thailand, which said a creditors meeting to consider the business reorganisation plan would be held on May 12. If the business reorganisation plan was approved, the country's Central Bankruptcy Court was expected to consider the plan by June or July. "Once the court approves the business reorganisation plan and appoints the plan administrators, THAI will strictly proceed with the business reorganisation plan without delay," THAI said.
