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Financially stricken airlines face curb on new routes
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published : 13 Mar 2021 at 06:00
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The Civil Aviation Authority of Thailand (CAAT) may stop allocating additional routes to eight airlines including Thai Airways International Plc (THAI) if they cannot provide convincing business rehabilitation plans, according to an official source.
As a result, these airlines might have to begin limiting sales in advance to protect the rights of passengers, said the official at the Ministry of Transport.
THAI is among eight airlines classified by the Civil Aviation Commission (CAC) as being in critical condition, according to an official 2019 annual industry financial report, which was discussed by the CAC at its meeting on Thursday (March 11). The report covered only commercial airlines registered in Thailand.