Thai Airways headed for bankruptcy protection

Thai Airways headed for bankruptcy protection

Pandemic Covid-19 had grounded almost 95% of their capacity as air travel around the world, and this really cause a huge impact to all Airline Company, no matter national airline or private airline company.

Now we learned about Thai Airways news. The company is facing losses since 2013 (except 2016), and In 2019, it reported losses of 12.04 billion baht. Now in the Pandemic Covid-19, the company facing even more trouble when most of their capacity as air travel being grounded.

Now, Thai Airways and Thailand Government are working to solve this situation.

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