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Five things to know about Thai Airways' rehabilitation

Troubled carrier faces bumpy road, even if court approves process next month

Thai Airways planes sitting idle at Suvarnabhumi Airport in Bangkok. A bankruptcy court will decide whether to give the green light to the carrier's rehabilitation process next month.   © Reuters

BANGKOK -- Thai Airways International will have to endure a massive overhaul of its business and management for years to come in a rehabilitation process under the court's supervision, after the COVID-19 pandemic sent the national carrier into deeper debt.

The final day of initial hearings at the Central Bankruptcy Court took place on Tuesday. The airline's board members and its consulting partner EY Corporate Advisory Services will attend court as witnesses, facing lawyers representing creditors.

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