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The Central Bankruptcy Court in Bangkok has issued another approval regarding the Nok Air (DD, Bangkok Don Mueang) business rehabilitation plan and an amendment accepted by creditors.
- Thailand's Nok Air accelerates restructuring process
The debt restructuring process will now include an...
- Thai bourse maintains Nok Air delisting threat - ch-aviation
The Stock Exchange of Thailand (SET) has advised that NOK...
- Thailand's Nok Air accelerates restructuring process
14 Οκτ 2024 · Budget airline Nok Air has announced its commitment to exit the ongoing rehabilitation plan by 2026 while acquiring six additional Boeing 737-800 aircraft for gradual delivery over the next four to five years.
4 Αυγ 2021 · Nok Air has cleared a major hurdle in its business restructuring process, after Thailand’s Central Bankruptcy Court approved its rehabilitation plan.
30 Σεπ 2021 · The troubled Thai low-cost carrier Nok Airlines received a green light from Thailand’s Central Bankruptcy Court over its rehabilitation plan, following which the airline seeks to change the business strategy in the coming weeks as Thailand is due to enter the peak of tourism season.
The debt restructuring process will now include an "improvement of fleet and type of aircraft utilization," with a bigger focus on international routes to target larger revenues, including opening a new route to Taipei Taoyuan and unspecified cities in India by the end of 2022.
The Stock Exchange of Thailand (SET) has advised that NOK Airlines Public Company Limited, trading as Nok Air (DD, Bangkok Don Mueang), remains at risk of delisting because it has failed to submit financial statements within the required timeline, and its balance sheet remains in the red.
9 Σεπ 2021 · Nok Air has outlined plans for a capital and debt restructuring alongside its ongoing business rehabilitation process to improve its financial health and avoid being delisted from the Stock ...
