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Thai Airways to seek government approval for restructuring plan in January

Thursday, December 4, 2014 - 17:09
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Thai Airways International Pcl plans to seek government approval for its restructuring plan in January, its newly appointed president said on Thursday.

[BANGKOK] Thai Airways International Pcl plans to seek government approval for its restructuring plan in January, its newly appointed president said on Thursday.

The state-controlled airline also expects to raise its fuel hedging amid declining global oil prices, Charamporn Jotikasthira told reporters.

The airline's earnings performance would improve next year, he added. He did not give any further details.

REUTERS

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