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Monday, April 29, 2024

Future’s bright as THAI rebounds

Busy days: A worker places bags on a carousel as people wait for their luggage at Suvarnabhumi Airport, which was packed with New Year holidaymakers on Saturday.

The aviation business was plunged into an unimaginable depth of despair during the more than two years of the Covid-19 pandemic, which has also set a new rule for the industry: shape up or ship out.

Among the noted casualties has been the national flag carrier, Thai Airways International (THAI).

In reality, the airline was in a precarious position before Covid-19 came along. The pandemic pushed the carrier, that had been on the verge, into bankruptcy.

The Central Bankruptcy Court approved a recovery plan in September 2020 after the coronavirus pandemic grounded most of…

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