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Thai Airways sources on Friday told Thai Enquirer that some of the ticket refunds will unlikely ever get compensated. THAI has temporarily suspended all international flights and shut down its overseas offices since March The shutdown has been extended until the end of June. The airline said in a statement on Thursday that the airline has been providing passengers with options to either turn their ticket into a travel voucher with the same value as the ticket, or get a refund within days without any fee.
Company sources told Thai Enquirer on Friday that depending on how the new management carries out the restructure, chances are ticket refunds may never be honoured. So without the selling of assets, there is no chance of a refund. The first hearing is expected to start on August 17 and creditors will have a period of 3 days after that to appeal. Many passengers have been complaining online about the airline dodging questions about their refund policy for the past months.
With the situation cleared up, it is unlikely to ameliorate the situation. Thai Airways says it cannot honour ticket refunds for now, possibly forever.
By Erich Parpart and Cod Satrusayang. May 29, The company is protected by law from creditors and customers until the restructure is over. Stock Price Info. Stock Fundamental. Peer Comparison. Stock Price Chart. Previous article New Bank of Thailand governor will have to get creative to stimulate the economy. Next article Exclusive: Former foreign minister blasts Prayut government for being corrupt; undermining democracy.
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