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Air India, Thai Airways Follow Similar Courses To Profitability

Faced with low yields, slowdowns in their respective markets and tighter competition, Air India and Thai Airways International are following similar restructuring strategies that are keyed on pumping up domestic services of low-fare subsidiaries.

“There is a cash-flow problem,” explained Air India Chairman and Managing Director Arvind Jadhav. “The magnitude of our debt burden and rising cash deficit in a falling market necessitate aggressive financial restructuring.”


 

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As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from within that product.

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As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from within that product.

To find out about obtaining additional data – including the most comprehensive details on organizations, fleets, personnel and programs – click here or call +1.561.279.4661.


 

As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from within that product.

To find out about obtaining additional data – including the most comprehensive details on organizations, fleets, personnel and programs – click here or call +1.561.279.4661.