Nok Air (DD, Bangkok Don Mueang) aims to raise THB5 billion baht (USD150.5 million) next year ahead of a planned exit from its business rehabilitation in 2026. CEO Wutthiphum Jurangkool has told the Bangkok Business outlet that the money would be used to acquire new aircraft, improve liquidity, and pay down remaining debt.
When the low-cost carrier filed for court-supervised business rehabilitation in 2021, it owed creditors THB27.278 billion (USD820.6 million). As part of the rehabilitation process, the…
Source: ch aviation
Read more: Thailand's Nok Air eyes capital raising in 2025