Originally Posted by
thbe
Change in management: Possible. Change in shareholder structure: Maybe. Going out of business: Very unlikely.
Change in management: Probably overdue although nothing will change. Change in shareholder structure: Maybe. Going out of business: Should have a long time ago. but won't.
Without government support, Thai would have shut down or at least drastically changed a long time ago. The fact that they never have speaks to their complacency and many of their problems now.
If you just look on Wikipedia, Google, or Google news there have been more changes and restructurings than I could keep track of, but I from an
article last September, I found these wonderful statements:
... the airline will achieve "sustainable profits" by 2027
(their quotation marks, not mine) and
"Don't think that the airline will not go bankrupt because it is government owned," [Deputy Prime Minister Somkid Jatusripitak] warned. "We are serious this time."
so I guess that's a reason to be concerned
