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.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Thai Airways , debt , restructuring , bankruptcy

Next In Business News

Bank Islam targets 50% rise in BIMB biz users payment to voice feature
CPO output down 5.3%, palm oil exports fall 28.13% in Nov -�MPOB
Bursa Malaysia slips at midday amid subdued regional sentiment
EcoWorld achieves record sales and profit in FY25
LAC Med shares up on market debut
Steel unit price index falls 0.1 to 3.2 % in Nov - DoSM
SumiSaujana explores partnership with China polyurethane product manufacturer
Carsome's record retail performance drives up 3Q earnings
DKSH shares soar 68 sen on privatisation proposal
China's consumer inflation quickens to 21-month high, producer deflation persists

Others Also Read