COVID-19 Recovery - AviaExchange.com

Thai Airways Completes Thai Smile Restructuring

ByAdmin 13/05/202514/05/2025

Thai Airways International has officially completed the restructuring of Thai Smile Airways, its wholly owned regional subsidiary. As a result, the group will move forward with the dissolution of Thai Smile, integrating operations as part of a broader strategy to streamline its business and improve cost efficiency.

Airlines | Financial

LOT Repays Second Tranche of Pandemic-Era Loan

ByAdmin 13/01/202514/01/2025

LOT Polish Airlines (Poland) has completed the repayment of the second tranche of its pandemic-era loan, transferring a total of US$108.6 million plus interest to the State. This repayment marks another significant step in LOT’s financial recovery following the challenges posed by the global COVID-19 pandemic.