Thai AirAsia August operations temporarily closed amid domestic flight ban

BANGKOK (Aug 1): Thai AirAsia has temporarily closed all operations for August amid domestic flight ban in Thailand, with all employees going on unpaid leave for the month.

Thai AirAsia Co Ltd said in a statement the airline would also defer and split the salary payments to employees for July-August 2021.

The airline said the suspension of flight operations since July has directly affected the airline’s business operations, especially in terms of liquidity and capital management of the company.

“Despite our best efforts at mitigating these short-term effects, the situation has taken a turn for the worse and became more severe than we initially expected.

“Therefore, it is with a heavy heart that we implement these short-term measures,” it said.

For July, the statement said salaries for manager level and above, including senior management, will be deferred to September.

“All other…