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Stock Exchange of Thailand

Stock Exchange of Thailand latest

Thai Airways to File for Bankruptcy Due to COVID-19
May 18th, 2020 - 12:30 GMT

Thai Airways to File for Bankruptcy Due to COVID-19

Thai Airways said on Monday that it would file for bankruptcy after suffering severe economic setbacks in the wake of the coronavirus pandemic. A spokeswoman for Thai Airways said the flag carrier would declare bankruptcy in the coming days instead of going ahead with a rescue plan it had drafted following the most recent round of losses as a result of the pandemic. "The Prime Minister, as a chairman of ...
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