creditors will likely approve the rehabilitation plan, which in turn, will benefit the airline company as it targets to bounce back from its poor economic state and continue its international flight routes this year. The rehabilitation plan and the continuation of international air travel will also have a positive impact on Thailand’s tourism sector as it’s a major component of Thailand’s GDP.
It seems like the creditors want Thai Airways to be state owned, but...
Instead, expect the Thai government to consider reducing its shares in Thai Airways in the short- to medium-term depending on the size of outside investment.
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