Thai Airways navigates some turbulence on flight to recovery
Once ranked among the world’s top airlines, the carrier filed for bankruptcy protection in May 2020 after years of heavy losses from 2017 to 2019
Add BT as a preferred source
[BANGKOK] Nearly five years after filing for bankruptcy protection, Thai Airways International is on schedule to exit its rehabilitation programme and relist on the Stock Exchange of Thailand (SET) by the second quarter of 2025.
It has been a turbulent journey, and observers said the path to recovery for Thailand’s national carrier promises to be anything but smooth.
Once ranked among the world’s top airlines, Thai Airways filed for bankruptcy protection in May 2020 after years of heavy losses from 2017 to 2019.
TRENDING NOW
Extra S$300 in CDC Vouchers, U-Save rebates for households as part of S$900 million support package
Singtel explores Nasdaq-SGX dual listing for data centre arm Nxera, local data centre Reit
Singapore banks’ battle for wealth talent goes beyond private bankers
Singapore rolls out S$900 million support package for businesses, households in light of Iran war
