Cost-cutting initiatives, stock sales, debt collection attempts, and seat distribution are projected to boost Thai Airways’ third-quarter turnover rate. Thai Airways needs more workers, especially ground crew, to handle more passengers. Thai Airways will restart direct service between Bangkok and Milan, Italy, and Bangkok and Oslo, Norway, by year’s end or early next year. Thai Airways will boost its four weekly Bangkok-Jeddah flights to seven. As Thailand’s busiest tourism season approaches (October to December), the firm expects more European and Indian visitors.
Piyasavat Amranand, chairman of Thai Airways’ reform committee, predicts two years of profitability. 600 outsiders will be hired to work in the kitchen, cargo division, and ground service business. The corporation will add 15,000 employees next year. Thai Airways has 68 planes and will rent three more for China’s return. Beginning next month, Thailand-China flights will be limited to 15 per week. Piyasavat says Thai Smile Airways, a Thai Airways subsidiary, has more passengers. Traveler numbers are 80% of pre-Covid-19 levels. According to Piyasavat, Thai Airways will be profitable by 2024 and complete its reform plan by 2025. Thai Airways will rent three more planes and hire 600 more people this year as part of its reorganization.
Thai Airways revises its financial goals
More from ThailandMore posts in Thailand »
- Tragic Shooting in Bueng Kan: 15-Year-Old Arrested for Killing Peer
- Khru Ben’s Fight for Justice: Unraveling the Mystery of the Disappearing Teacher Exam Results in Sa Kaeo
- Storm Soulik Floods 50 Thai Provinces, Bangkok Braces for Heavy Rain This Weekend
- WWD x Siam Piwat Global Fashion Spotlight 2024: Elevating Thailand as a Luxury Fashion Hub
- Unlicensed Samut Sakhon Man, Kittikorn Songsri, Arrested for Botched Penis Enlargement Treatments
- Thai Union Group CEO Thiraphong Chansiri Leads Massive Flood Relief Efforts in Northern Thailand
- Malaysian Consul General Issues Urgent Weather Advisory for Travelers in Thailand Amid Storm Soulik
- Longines Unveils New Boutiques in Bangkok and Pattaya, Celebrating with Star-Studded Events
- Boncafe Thailand Teams Up with The Alternative Dairy Co. to Revolutionize Plant-Based Beverages
- Her Royal Highness Princess Maha Chakri Sirindhorn and Huawei Drive Digital Education in Thailand
- Thirteen Monkeys Rescued from Smugglers and Reintroduced to Nakhon Sawan Wilderness
- Nakhon Phanom Floods 2024: Resilience Amid Mekong River Overflow Crisis
Be First to Comment