The Court Approves THAI’s Rehabilitation Plans, Appointing “EY” as Planners

The Central Bankruptcy Court of Thailand ordered Thai Airways International Public Company Limited (THAI) to enter the rehabilitation plans as the company requested. The Court also appointed EY Corporation Advisory Services Company Limited along with ACM Chaiyapruk Didyasarin, Mr. Chakkrit Parapuntakul, Mr. Pirapan Salirathavibhaga, Mr. Boontuck Wungcharoen, Mr. Piyasvasti Amranand and Mr. Chansin Treenuchagron as rehabilitation planners.

Mr. Chansin stated that the rehabilitation plans should be completed by 4Q20 and before the starting of 1Q21.