Thai Airways bailout, when a restructure is needed

Thai Airways, unlike most of its neighbours, has not made sweeping changes over the past decade, as the world changed around it. [1344 words]

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This report contains the following subheadings:

• The 2009 Business Turnaround Plan
• Is there a future for Thai Airways?

This report contains the following charts and tables:

• Thai Airways International current fleet: as at 01-Apr-09
• Thai Airways International aircraft delivery schedule: as at 01-Apr-09
• Thai Airways passenger load factor by region: Feb-08 to Mar-09
• Thai Airways passenger numbers growth and passenger traffic (RPKs) growth
• Thai Airways passenger RPK and ASK growth: Feb-08 to Jan-09
• Thai Airways passenger numbers growth and cargo volume growth
• Thai Airways share price: 05-Jan-09 to 02-Apr-09