Thai Airways to drastically cut staff and fleet size by 2025
Thai Airways aims to drastically cut its staff and fleet size in order to become a more efficient airline, according to its recovery plan.
On March 2, 2021, Chansin Treenuchagron, the President of Thai Airways, announced that the flag carrier of Thailand planned to reduce the number of employees to 13,000 to 15,000 workers by 2025. The airline has already cut its workforce to 19,500 employees in comparison to 28,000 workers in pre-pandemic levels in 2019. The air carrier is also considering additional 6,000 staff leaves by the end of 2021. The announcement comes after Thai Airways’ decision to cut 240 management positions and reduce supervisory levels in the company.
In addition to staff reduction, Thai Airways plans to reduce its fleet size from 103 to 86 jets by 2025, operating only five aircraft types, down from the current 12 jet types.