Board of creditors “Thai Airways” green light to merge “Thai Smile” | Daily News

2023-05-17 14:37:00

On May 17, the Corporate Image and Communications Department of Thai Airways International Public Company Limited informed that the Board of Creditors of Thai Airways International Public Company Limited has approved the restructuring of Thai Airways International Business Group. According to the guidelines set by the rehabilitation plan administrators and management presented. At present, Thai Smile Airways is a subsidiary of Thai Airways International. which the operating results of subsidiaries including Thai Smile Airways Recognized in Thai Airways consolidated financial statements according to accounting standards.

Thai Airways therefore considers restructuring the business operations of the aviation business group. To increase the efficiency of fleet management to be able to plan and develop a network of routes and flights to cover the needs of passengers Support for seamless flight connections responding to the national strategy to strengthen the tourism industry and push Thailand to be the aviation hub in the region as well as enhancing the competitiveness of Thai Airways in various dimensions

both in terms of operating costs Integrating and managing resources and work process Unity of brand and market position To deliver a better travel experience to passengers, however, following this, the company still has to take steps in accordance with the relevant laws. It is expected to be completed by 2023, with passengers still able to buy tickets. and can use Thai Smile Airways’ flights as usual during the Company’s carry out restructuring This will not affect the service to passengers of Thai Smile Airways.

Customers, passengers and all stakeholders are assured that The business rehabilitation plan administrators and the management have considered the suitability, worthiness, necessity and possibility of operating the business for the utmost benefit of the Company. so that the overall operation is in accordance with the strategic framework under the business rehabilitation able to generate sustainable profits in the future And is the national airline that the people of the country are proud of.

Reporters reported that Previously, Mr. Chai Iamsiri, Chief Executive Officer of Thai Airways International, had given an interview through the press that If the creditors’ committee approves the merger plan of Thai Smile After that, the company will notify the Stock Exchange of Thailand (SET), the Civil Aviation Authority of Thailand (CAAT) and the Ministry of Transport. to adjust the plan to bring the Airbus 320 aircraft that Thai Airways used to let Thai Smile enter into a lease agreement Bring it back to Thai Airways to use it yourself.

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