Thai Airways Exits Debt Restructuring, Plans Stock Relisting

Thai Airways has officially exited its court-supervised debt restructuring program after four years, following approval from Thailand's Central Bankruptcy Court. The airline, which entered rehabilitation in 2020 due to prolonged financial losses and the impact of the COVID-19 pandemic, has successfully met all targets set by the court, including organizational restructuring, expanding routes, and enhancing digital and service offerings. Since 2023, Thai Airways has reported profits every quarter and ranks among the top global airlines in operating profit margin. The completion of the rehabilitation process paves the way for Thai Airways to relist its shares on the Stock Exchange of Thailand by early August, signaling renewed investor confidence and positioning the airline for global expansion and economic contribution. This milestone marks a significant turnaround for Thailand’s national carrier and its aviation sector after years of financial distress and operational challenges.