THAI TO REVIEW PLAN
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Thai Airways International Plc (THAI)'s board of directors has ordered the THAI management to review its five-year flight strategic plan for all routes to avert making long-term losses.
The decision came after THAI had presented its five-year plan, starting from this year to 2021, during an extraordinary board meeting on October 24, according to an anonymous source at THAI.
THAI now needs to review its pricings on all routes as some have suffered losses but were necessary for networking and acting as feeders for other main routes.
THAI will hold an internal meeting before finalising the plan and forwarding it to the board within this year, the source said.
