Debt-Ridden Thai Airways To ‘Cut 5,000 Staff’

BANGKOK — Facing huge financial losses, Thai Airways is slated to “encourage” 5,000 of its employees to resign in order to save operational costs, the director airline said.

Calls for Thai Airways to either privatise or drastically reform its structure have grown steadily in recent months as the state-owned national airline continues to post massive losses in revenue.

Read more: khaosod.co.th