Merger between THAI and Thai Smile Airways approved

CEO of Thai Airways International Plc (THAI), Chai Eamsiri, disclosed that on 18 May, the Thai Airways Creditors Committee gave its blessing to the merger of THAI and its wholly-owned subsidiary Thai Smile Airways. Twenty planes from Thai Smile will therefore be transferred to THAI this year. By doing this, it is hoped that operational expenses will drop by up to 20% while daily flying hours will rise by 11. Thai Smile originally bought the fleet from THAI, which it now leases. The combination will, according to THAI, increase the use of its planes. The average number of flights operated by Thai Smile each day is now only 9, compared to 12–13 for THAI. Thai Airways hopes to boost its daily aircraft usage by 11 flight hours by incorporating Thai Smile's Airbus A320 aircraft into its fleet.


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