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Cash strapped Thai Airways to seek bankruptcy rehabilitation

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Why should Thai Airways be bailed out?

It overextended itself and profits were siphoned off to fund the top management and cronies with free perks at the expense of quality.

The airline turned to accommodate the Chinese market and began to resemble an LCC.

Thai Airways needs to be rebranded and to be fully private...

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bankruptcy rehabilitation

What the heck is "bankruptcy rehabilitation"?

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This case will be JAL or ANA in the next few months.

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