Tag Thai Smile Airways

Mainly thanks to cost-cutting measures and debt restructuring, Thai Airways has reduced its losses during the first six months and even reported a Baht 11.125 billion profit again. The carrier hopes to further improve its results in Q3 as it tries…

Troubled flag carrier Thai Airways will have to wait for another two months before it knows if it can continue as a restructured and smaller airline or will go bust. In early May, a creditor’s meeting under the supervision of…