Wall Street

THAI sees signs of an early turnaround as losses shrink

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The Bangkok Post

Thai Airways International (THAI) is banking on pulling out of bankruptcy protection and resuming trading of its shares earlier than planned as the carrier’s bottom line is looking up. Chai Eamsiri, THAI’s chief of finance and accounting, said on Tuesday the airline has continued to slash expenses and is confident its revenue will keep growing this year as the pandemic has subsided and travel restrictions are easing. The measures launched to streamline its operations and its improving financial performance are expected to enable the airline to emerge from financial rehabilitation and resume it…

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