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THAI's loss estimated at Bt12bn

Thai Airways International Acting President ACM Siwakiat Jayema expects this year's loss would be limited at Bt12 billion, thanks to a rehabilitation plan.

The board of directors will officially approve the establishment of a sub-committee tasked to draw up the rehab plan at the meeting on August 29. They will comprise representatives from the board of directors, executives, and the Superboard. The rehab plan, which will be implemented in a two-year course, should be complete late September or early October.

Without the rehab plan, losses this year are estimated at Bt20 billion.


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