Thai Airways International will terminate its low-cost and loss-making subsidiary Thai Smile Airways, its CEO Chai Eamsiri told Thai outlet The Nation.
The airline will transfer the subsidiary's fleet of 20 A320 aircraft to the parent company. The company said terminating the subsidiary would save on procurement costs and salaries.
Related posts
QATAR AIRWAYS FLIES 777 ON SPANISH ROUTE
By
Dino D'Amore
23rd December 2010