Last month, Thai Airways revealed plans to approach the ruling military junta’s “superboard” for financial assistance over what it described as an “anticipated liquidity problem”; the sums being discussed amounting to around THB7bn. Today, according to Thai media, those plans have been cancelled. Thai’s acting chairman Areepong Bhoocha-oom said on Wednesday that the national flag carrier had previously anticipated a liquidity problem this month, but its financial status – including its liquidity – had improved sufficiently that it would no-longer need any special borrowing this year. The improvement is attributed to cost-saving measures, a reduction in capacity by way of

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