Bankruptcy protection
Thai Airways gets nod from creditors for rehabilitation plan
Thailand’s embattled flag carrier Thai Airways International has set the course to recovery as its creditors have accepted the carrier’s revised rehabilitation plan
The airline...
Garuda Indonesia creditors can claim $8.3 billion
Indonesia’s national airline Garuda Indonesia will have to pay its creditors a total of 120.5 trillion rupiah ($8.3 billion) if it wants to carry...
Thai AirAsia X files for bankruptcy protection
Thai AirAsia X, the long-haul division of the Thai unit of Malaysian budget airline AirAsia Group, has become the third airline in Thailand to...
Philippine Airlines emerges from bankruptcy proceedings
Philippine Airlines in a statement released on December 31 said it has emerged from bankruptcy after a US court approved its plan to slash...
Thai Airways’ losses soar more than 1,000% in 2020, delisting on the cards
Game over for Thai Airways?
Thai Airways in a sparse filing to the Thai stock exchange on February...
Bankrupt Thai Airways seeks to sell 34 aging planes
Thai Airways is in dire straits and needs to sell of assets
Thailand’s national carrier Thai Airways, which...
Cash-strapped Thai Airways facing troubles on international flights
Thailand’s national carrier Thai Airways, which is currently under bankruptcy protection as the airline’s liquidity eroded under...
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Thailand, Singapore most vulnerable to potential US recession
Southeast Asia could be seriously affected in case the US falls into recession, but some countries would be more badly hit than others, economists...