Thai Airways aims to complete restructuring by 2024 as global travel resumes

FILE PHOTO: Workers service a Thai Airways Airbus A380-800 aircraft at Bangkok International Suvarnabhumi Airport, Thailand September 3, 2019. Picture taken September 3, 2019. REUTERS/Amr Abdallah Dalsh

Thai Airways International Pcl expects to complete its corporate restructuring in two years as the airline’s performance gradually improves and global travel resumes, its restructuring committee chief said on Friday.

Cabin factor, a measure of how well an airline does in filling seats, reached 70% by last month and was near 90% on European routes, Piyasvasti Amranand said.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter