ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Transportation

Thai Airways gives early retirement to 1,900 staff to save costs

National flag carrier seeks ways to preserve cash during court-led rehabilitation

Thai Airways has also offered staff six months of leave when they can be paid 20% of their usual salary.(Photo by Akira Kodaka) 

BANGKOK -- Thai Airways International is to cut around 10% of its workforce from December after more than 1,900 staff signed up for an immediate early retirement scheme designed to cut costs and preserve cash at the ailing national carrier.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more