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News and Info Forums => Thailand News => Business & Economy => Topic started by: thaiga on October 21, 2015, 11:30:49 AM

Title: Thai Airways' finances critical, survival at stake
Post by: thaiga on October 21, 2015, 11:30:49 AM
Thai Airways' finances critical, survival at stake

Thai Airways International (THAI) remains in a financial crisis as it has been unable to increase revenue and reduce costs as urgently needed, a member of the State Enterprise Policy Commission said on Tuesday

Thaweesak Koanantakool, who heads a sub-committee scrutinising state enterprise solutions, said he met with the THAI board on Monday to discuss progress in the financial rehabilitation of the national airline, and learned that it remains in critical condition.

full article: Bangkokpost (http://www.bangkokpost.com/news/general/736712/thai-airways-finances-critical-survival-at-stake)