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…