The Star Alliance member Thai Airways will reduce the fleet to 52 planes according to board member Piyasvasti Amranand. The workforce is to be reduced by around a third. With these funds, among other things, one wants to write profits again in 2023.
A capital increase of around 1,3 billion euros is also planned. The aim is to resolve management's greatest concern, liquidity. Due to the corona pandemic, sales have fallen sharply. Local media also write that the carrier will flee the Boeing 747, Airbus A330 and A380 aircraft. In future only 52 aircraft will be operated.