News
Nok Air granted more time to submit survival plan to Thailand’s bankruptcy court
April 13th 2021
Nok Air said in a regulatory filing to the Stock Exchange of Thailand (SET) yesterday the country's Central Bankruptcy Court has approved its request for another one-month extension for submission of its business rehabilitation plan to the official receiver. Read More » The business rehabilitation plan is now due on May 15, following a previous extension to April 15. Nok Air sought the extension because additional information was required to prepare a "complete and comprehensive rehabilitation plan" to ensure it would be appropriate for the business amid the COVID-19 pandemic and also would have the backing of creditors.
