The national carrier, which posted successive losses in the past four quarters, is working on a business restructuring plan, which will be considered at a board meeting on July 24, Chairman Air Chief Marshall Prajin Juntong told reporters.
The airline, hit by a drop in tourist arrivals amid political unrest in Thailand as well as rising costs and fierce competition, made a net loss of 2.6 billion baht ($80.9 million) in the January-March period after reporting a net loss of 12 billion baht in 2013.