Thai-based airline, Nok Air, has announced it will follow Thai Airways International into formal rehabilitation proceedings.
Nok Air is part owned by THAI (around 13%) and has been unable to fly its 18 international routes due to Covid19 and its domestic routes in 23 provinces are running at around 30% of its normal schedule.
Nok Air claims that only 200 customers are still awaiting refunds.
"Nok Air insisted on Thursday its business would be able to return to solvency despite the airline following Thai Airways' lead and filing a business rehabilitation request with the Central Bankruptcy court."
Nok Air will be just fine, insists CEO
July 2020
© PELEN 2020
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