Thai Airways to exit debt restructuring programme


BANGKOK: Flag carrier Thai Airways International on Monday said it will exit its debt restructuring programme and expects to resume trading its shares on the stock market by early August.

Thailand's national airline went into bankruptcy-protected restructuring in 2020, reducing its workforce by half and trimming its fleet. Since 2023, the airline has made a continuous operating profit every quarter, it said in a statement, a sharp turnaround for the carrier that had been booking losses nearly every year after 2012.

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Thai Airways , debt , restructuring , bankruptcy

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