Thai Airways Intl (TAWNF)

[HabibiFresh]

Well we know the gov, specifically the Finance minister, whos the largest shareholder, implied debt rehabilitation plan back in March.

This tells me the gov will try to make this work with the creditors with an equity deal that suits both parties.

We also know that Attorney representing creditors also said same thing in regards to rehab plan.

This is aside from all the other reasons for approval such as national reasons, tourist season, government approving 45b for the country as whole, changes in Thai Airways ececs, pandemic going under control with vaccines etc...

So to me looks like gov is all in here and wants this to work out, creditors voting yes is the only thing stoppin this deal no?