Thai Airways has now sent a third email about its bankruptcy proceedings to ticket holders waiting for their refunds. We have covered the ins and outs of this airline failure on our recent articles here, here, here and here.
Ticket holders are essentially unsecured creditors that would be about the last to get paid and would likely get nothing. It seems, however, that they plan to process refunds at some point.
You can access Thai Airways here.
Here’s the email in English:
Conclusion
So, Thai Airways plan is to “preserve” the rights of ticket holders who are waiting for refunds and accommodate them to “best of our ability.”
It will be 2021 before anyone sees their refunds based on the information on Thai’s email. The planner is expected to be appointed sometime in September or October, who then needs to file something a month later.
My advice would be to file a chargeback with your credit card company if Thai Airways canceled your flight, changed the timing significantly, or rebooked you.
