ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Travel & Leisure

Thai Airways on track to exit rehabilitation early: CEO

Carrier eyes increased service to China and Japan as travel recovers

Thai Airways plans to launch new flights to five Chinese cities this year, including Beijing and Shanghai.   © Reuters

BANGKOK -- Thai Airways is expected to conclude a restructuring plan ahead of schedule, new CEO Chai Eamsiri told reporters Thursday, as a worldwide relaxation of pandemic restrictions spurs travel demand.

The Thai flag carrier filed for bankruptcy protection in 2020 amid headwinds from COVID-19. In plans announced last year, it aims to complete restructuring in 2024 through a debt-for-equity swap, and is looking to resume trading on the stock market in 2025.

Sponsored Content

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

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

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