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Thai Airways shuts Thai Smile Airline amid mounting losses - TravelBiz Monitor: India travel news, travel trends, tourism
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Thai Airways shuts Thai Smile Airline amid mounting losses - TravelBiz Monitor: India travel news, travel trends, tourism
Thai Airways International has formally dissolved its loss-making subsidiary, Thai Smile Airways Co., Ltd., after 12 years of continuous financial struggles. The airline, which was 99.99% owned by Thai Airways, announced the move to the Stock Exchange of Thailand on June 5, 2025, following the approval of its Executive Plan Administrator Meeting in May. The legal dissolution was completed with the Department of Business Development under the Min…
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