BANGKOK, 8 March 2021: Thai Airways International Airways estimates it will cut another 6,000 to 7,000 jobs this year, reducing the workforce to around 14,000 employees.
Thai Airways International Public Company Limited (THAI) acting president, Chansin Treenuchagron, revealed cost-cutting measures last week after the airline submitted its financial rehabilitation plan to the official receiver to comply with the Central Bankruptcy Court order.
The reductions follow an earlier round late last year when the airline cut the workforce from 29,000 to 21,000 employees. The airline is reducing jobs to approximately 14,000 to 15,000 and is optimising the pilot pool to be in parallel with new fleet and flight hour requirements.
Thai Airways Resumes Mini-Schedule To Chiang Mai & Phuket, Cancels New Year Celebration Flight
Thai Airways has started to operate a few regular scheduled domestic flights with their mainline again and will from this week fly in irregular periods between Bangkok and Phuket / Chiang Mai again.
Despite the original schedule supposedly being valid until February 28th the only weekend where these fights have been tabled is this three day holiday weekend 1/2/3 January.
At the same time an originally planned New Years Event Flight that was supposed to take off today has been cancelled due to concerns of Covid-19 in recent weeks, just like a “Winter Fest” at the Thai Corporate HQ.
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Thailand s Official Receiver recently issued an important
announcement relevant to all existing or potential creditors of
Thai Airways International Public Company Limited ( Thai
Airways International ). The announcement details the Central
Bankruptcy Court s Order for rehabilitation of Thai Airways
International and was published in the Royal Gazette on October 2,
2020.
This notice is of particular importance to creditors of Thai
Airways International, as all liabilities for debt repayment shall
be managed by the plan preparer in charge of Thai Airways
International s rehabilitation. However, in order to qualify