Aircraft
Thailand's Airlines in Struggle to Beat Covid
Indebtedness among several Thai carriers reaches unprecedented levels.
Thai Airways said passenger and cargo revenues decreased 78.5 percent in the first nine months of 2021, compared with the equivalent year-earlier period, following a suspension of regular flights in place since the second quarter of 2020. (Photo: Thai Airways)
Thai Airways said passenger and cargo revenues decreased 78.5 percent in the first nine months of 2021, compared with the equivalent year-earlier period, following a suspension of regular flights in place since the second quarter of 2020. (Photo: Thai Airways)

Pressures imposed by the coronavirus pandemic have only worsened the outlook for Thailand's airlines after more than a decade of what many analysts consider mismanagement. “It's a fragile situation in Thailand aviation,” Mayur Patel, OAG Aviation head of Asia, told AIN. “Thai carriers are not very healthy or financially stable.”


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