Bangkok, Thailand, August 02, 2025 / TRAVELINDEX / Thai Airways arranged THAI Commercial Conference 2025 at Bangkok Marriott Marquis Queen’s Park under the theme “Aim Further, Strive for New Heights” for its global commercial business partners to update its current business operation status and shows future commercial strategy for the second half of 2025 and into 2026. on products and services, the company convened business partners and ticketing agents from all regions worldwide across its route network—including Europe, Asia, Australia—as well as representatives from Thailand. The event was also attended by Thai Airways executives and staff from its international branch offices globally

The event gathered over 300 participants, including top travel agents from across Europe, Asia, Australia, and Thailand, as well as key business partners and senior executives. It served as a vital platform to reinforce confidence in the THAI brand and strengthen collaboration with commercial partners globally.

Under the strategic framework of “Trust in THAI,” the conference introduced the airline’s new commercial direction, showcased new product innovations, and unveiled the upgraded A321neo cabin and seating, which feature an entirely redesigned aircraft interior to elevate the passenger experience.

In line with THAI’s commitment to Environmental, Social, and Governance (ESG) principles, the airline introduced the “Good Taste for a Good Cause” initiative—promoting Thai-made products that support local communities and small businesses, further expanding Thailand’s soft power on a global scale.

Another key highlight included presentations from expert guest speakers who shared insights on the global economic outlook, offering valuable perspectives on emerging travel trends and the future of the airline industry.

Through this landmark event, Thai Airways reaffirmed its commitment to delivering world-class service, fostering long-term partnerships, and positioning Thailand as a premier aviation and tourism hub in the region and beyond.

Thai airways exit from rehabilitation comes after a robust performance under its restructuring plan. Between April 2024 and March 2025, the airline reported an EBITDA (earnings before interest, taxes, depreciation, and amortization) of 40.31 billion baht — more than double the 20 billion baht target set within the rehabilitation framework.

Over the past four years, THAI has restructured its organization, optimized its fleet and route network, enhanced cabin interiors and service touchpoints, and strengthened its digital infrastructure to better serve passengers and commercial partners alike.

The transformation also included a successful debt restructuring, involving the conversion of liabilities into equity and the issuance of new shares to existing shareholders and staff. These crucial measures restored financial health. As of 31 March 2025, THAI reported shareholders’ equity of 55.22 billion baht a complete turnaround from the 127.23-billion-baht deficit recorded at the end of 2020.

On 8 July, The Central Bankruptcy Court officially approved THAl’s request to exit the rehabilitation program, following a formal submission made in April. This approval marks the culmination of a four-year transformation that has fundamentally reshaped the airline’s financial standing, operational efficiency, and long-term competitiveness.

It aimed to reaffirm our partners’ confidence in the company’s latest developments and strategic direction. The event also highlighted that the company has successfully completed its court-monitored rehabilitation and is now preparing for a major milestone — its relisting on the Stock Exchange of Thailand (SET) scheduled for early August 2025.

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