To prepare the rehabilitation plan, the court approved EY Corporate Advisory Services in conjunction with six Thai Airways directors. The court's decision to allow Thai Airways to rehabilitate makes this the largest business restructuring case in Thai history, as well as the largest Thai business casualty to date resulting from the COVID-19 crisis. The Bankruptcy Court laid out three specific conclusions in its order approving Thai Airways' petition for business rehabilitation: The court found that Thai Airways has liabilities exceeding total assets and shareholders' equity, and is unable to repay outstanding debts, which exceed the threshold for insolvency under Thai law. The court concluded that Thai Airways' business structure has potential to generate income. Thai Airways has a strong reputation, extensive experience in the airline business, valuable resources, and skilled personnel for its operations. These assets give Thai Airways a reasonable prospect of success in the business rehabilitation process.