The plan administrators managing Nok Air (DD, Bangkok Don Mueang) have filed a petition with the official receiver to amend the airline’s business rehabilitation plan. This followed meetings on November 27 and December 4 to approve the proposed amendments, according to a December 13 Stock Exchange of Thailand filing.
Bangkok’s Central Bankruptcy Court approved Nok Air entering into a business rehabilitation process, the local equivalent of Chapter 11, in September 2021. The low-cost carrier was weighed down by…
Source: ch aviation
Read more: More time requested for restructuring at Thailand's Nok Air