Credit: Thai Airways
Trading of Thai Airways’ shares was suspended Aug. 14 after auditors declined to sign off on the carrier’s 2020 first half (H1) statements, citing “material uncertainty” from the lack of liquidity and mounting debts which may affect the value of assets and liabilities. The debt-laden flag-carrier...
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Auditors Doubt Thai Airways Liquidity As Carrier Posts $896M H1 Loss is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
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