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Thailand, court grants Nok Airlines bankruptcy protection
Low travel demand made the company going in liquidation
No possibility of recovery: these words were used a few weeks ago by the board of directors of NokScoot Airlines, low-cost carrier that is part of Nok Airlines. Now there is an important update about conditions of the parent company. Nok Airlines itself has in fact applied to the bankruptcy court of Thailand to request protection from failure, as required by the law of the Asian country. The increasingly...
AVIONEWS - World Aeronautical Press Agency