THAI CEO dismisses speculation that the airline is in financial crisis

Thai Airways International does not have a liquidity problem and it has sufficient revolving funds to continue operations into the future, THAI CEO Mr Sumet Damrongchaitham assured today. Dismissing speculation…

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(Photo) Thaiairways.com

THAI struggling with huge debt, executives asked to take voluntarily pay cut

Thai Airways International, the national flag carrier, appears to be in a deep financial crisis and may have to delay debt repayments or seek new loans. THAI president Sumet Damrongchaitham…

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