Bangkok — State-run Thai Airways is a step closer to restructuring via a bankruptcy court after a key government panel backed the plan, which is due for consideration by the cabinet on Tuesday.

A committee that oversees policies for state enterprises agreed the airline should seek such a rehabilitation, government spokesperson Narumon Pinyosinwat said in Bangkok on Monday. Restructuring via a bankruptcy court is not the same thing as filing for bankruptcy and being wound up, she said...

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