Get all your news in one place.
100's of premium titles.
One app.
Start reading
Bangkok Post
Bangkok Post
Business

UNCOVERED: Thai to borrow less amid recovery | History Defined

Seats originally from an Airbus 330 aircraft are sold by Thai Airways International via live streaming in March. The seats were sold in under one minute. The airline has sold and decommissioned several aircraft from its fleet as part of its financial restructuring effort. (Photo: Varuth Hirunyatheb)

Thai Airways International (THAI) requires only half the money which it initially estimated would be needed for recapitalisation, given its consistently positive performance, a high-level meeting was told.

The meeting on Wednesday was attended by airline executives, those in charge of the carrier's rehabilitation plan, senior officials at the Finance Ministry, Fiscal Policy Office director-general Pornchai Thiraveja and State Enterprise Policy Office (Sepo) director-general Pantip Sripimol.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.