Thailand: Troubled airline, unidentified, to be grounded
The Civil Aviation Authority of Thailand plans to suspend or revoke the Air Operator Certificates of a Thai-registered airline which is facing a financial crisis. An inspection by the agency found the airline was previously owned by a Thai operator who sold his shares to a Chinese firm which in turn used the Thai company as its nominee to run the business, CAAT director Chula Sukmanop said Monday. The name of the airline was withheld. The plan to suspend or revoke the AOCs came after the CAAT launched an inspection of all airlines operating international flights, prior to reissuing them with the AOCs in accordance with the safety standards of the ICAO. The airline was 1 of 3 required to propose a financial rehabilitation plan to the agency. The airline submitted the plan but failed to carry through with it, he said. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-01-24/general/thailand-troubled-airline-unidentified-to-be-grounded
https://portal.staralliance.com/cms/logo.png
Thailand: Troubled airline, unidentified, to be grounded
The Civil Aviation Authority of Thailand plans to suspend or revoke the Air Operator Certificates of a Thai-registered airline which is facing a financial crisis. An inspection by the agency found the airline was previously owned by a Thai operator who sold his shares to a Chinese firm which in turn used the Thai company as its nominee to run the business, CAAT director Chula Sukmanop said Monday. The name of the airline was withheld. The plan to suspend or revoke the AOCs came after the CAAT launched an inspection of all airlines operating international flights, prior to reissuing them with the AOCs in accordance with the safety standards of the ICAO. The airline was 1 of 3 required to propose a financial rehabilitation plan to the agency. The airline submitted the plan but failed to carry through with it, he said. <br/>
