Education and technology

Heavily indebted Thai Airways gets court nod for restructuring

Heavily indebted Thai Airways gets court nod for restructuring

A Thailand court on Monday approved the restructuring of Thai Airways, which is billions of dollars in debt and struggling to survive the coronavirus tourism crash. The global sector was plunged into crisis by the pandemic as countries severely restricted travel, forcing airlines to ground vast numbers of planes and seek government help as they haemorrhaged cash.

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