With the introduction of the Thai government's series of plans to revive the economy, the opening up of tourism has become a lifesaver for countless companies on the verge of closure in the epidemic, and Thai Air International is no exception.
THAI's services have always been known for their high efficiency and strict time management. Its cordial and comprehensive ground handling and machine warehouse service is highly respected by passengers from all over the world.
As far as I know, THAI used to be the pride of the Thai people, the leader of the Asian aviation industry, the local people of Thailand, as long as IT is a place where THAI can reach, THAI will always be their first choice.
However, since the outbreak of the epidemic, THAI has suffered serious losses in the first half of the year, with total liabilities exceeding 390 billion Thai yuan (75 billion yuan) and laying off more than 50% of employees.
In April 2021, it officially declared bankruptcy, delisted from SET, and reorganized.
Since the Thai government opened its doors and relaxed various epidemic prevention policies, various industries have begun to recover, especially tourism, and finally rebounded from a pool of stagnant water to an upward trend.
After the restructuring, THAI has adjusted its corporate structure and investment operations, and is eager to try and enter the road to recovery.
Thai Chairman Chai Lamsir said THAI has developed a series of recovery plans for a five-year cycle.
At present, THAI's performance continues to improve, cash flow has increased, and it is expected to reduce the amount of loans from banks.
If THAI resumes the number of flights as planned, the number of flights to and from the country will also increase, and the fare will also be reduced, right?
According to my personal opinion, the current flights between China and Thailand cannot be increased on a large scale, first, China has not yet opened up the free travel of Chinese people, and second, the Thai aviation industry has been seriously frustrated by the epidemic, losing half of it, not only Thai Airways, but also Cool Bird Airlines (NOK) has also declared bankruptcy.
It is a bit difficult for the Thai aviation industry to recover in a short period of time, so we will wait and see, and the Prime Minister is looking forward to the early passage of the epidemic and the unimpeded restoration of the air ties between China and Thailand as soon as possible.