Bangkok, Thailand, August 2, 2025 / TRAVELINDEX / Thai Airways hosted the THAI Commercial Conference 2025 at the Bangkok Marriott Marquis Queen's Park under the theme "Aim Further, Strive for New Heights." The conference aimed to update business partners worldwide on the current state of operations and to present the future sales strategy for the second half of 2025 and 2026. The focus was on products and services. The company brought together business partners and ticketing agents from all regions of its route network – including Europe, Asia, and Australia – as well as representatives from Thailand. Executives and staff from Thai Airways' international offices also attended the event.

The event brought together over 300 participants, including leading travel agency professionals from Europe, Asia, Australia, and Thailand, as well as key business partners and executives. It served as an important platform to strengthen trust in the THAI brand and to intensify cooperation with global business partners.

As part of the strategic framework “Trust in THAI”, the conference introduced the airline’s new commercial direction, presented new product innovations and unveiled the modernized cabin and seats of the A321neo, which features a completely redesigned aircraft interior to enhance the passenger experience.

In line with THAI's commitment to environmental, social and governance (ESG) principles, the airline has launched the "Good Taste for a Good Cause" initiative – promoting products made in Thailand that support local communities and small businesses, further enhancing Thailand's soft power on a global scale.

Another highlight was the presentations by experts as guest speakers, who provided insights into the global economic outlook and offered valuable perspectives on new travel trends and the future of the aviation industry.

With this groundbreaking event, Thai Airways reaffirmed its commitment to providing first-class service, fostering long-term partnerships, and positioning Thailand as a leading aviation and tourism hub in the region and beyond.

Thai Airways is exiting its restructuring process after a strong performance under its reorganization plan. Between April 2024 and March 2025, the airline achieved EBITDA (earnings before interest, taxes, depreciation, and amortization) of 40.31 billion baht – more than double the 20 billion baht target set in the restructuring framework.

Over the past four years, THAI has restructured its organization, optimized its fleet and route network, improved cabin amenities and service contact points, and strengthened its digital infrastructure to better serve passengers and business partners alike.

The transformation also included a successful debt restructuring, converting liabilities into equity and issuing new shares to existing shareholders and employees. These crucial measures restored financial stability. As of March 31, 2025, THAI reported equity of 55.22 billion baht – a complete recovery from the deficit of 127.23 billion baht at the end of 2020.

On July 8, the Central Insolvency Court officially approved THAl's application to terminate its restructuring program, which had been formally submitted in April. This approval marks the culmination of a four-year transformation process that has fundamentally changed the airline's financial position, operational efficiency, and long-term competitiveness.

The event aimed to reaffirm our partners' confidence in the company's recent developments and strategic direction. It was also highlighted that the company has successfully completed its court-supervised restructuring and is now preparing for a major milestone – its planned relisting on the Thai Stock Exchange (SET) in early August 2025.