Outrigger Hotels and Resorts
http://admin.travelmole.com/images/stories/2009/images/AirAsia A320_2(58).jpg

Published on Tuesday, August 3, 2021

Cash-strapped Thai AirAsia cutting salaries

Thai AirAsia is cutting staff wages and deferring some salaries as cash flow woes start to bite. Due to domestic travel curbs it grounded its fleet and has failed again to secure government financial aid.

Executive salaries from July will be deferred until September, while staff will only be paid 50% of their salary this month.  The airline is hoping to secure extra funding to allow it to restart flights soon.


Read full story

Story Image

Your Comments

, be the first to post a comment.
Your email:

Email other comments made to this story

NOTE: Comments are subject to admin approval before being posted.
Mole Poll
Have you seen a surge in demand for US trips?


UKinbound are in Manchester for the Annual Convention - What can you expect?

Qatar moved from red to amber list: Phil Dickinson details the growth plans for the destination

Japan - The bucket list destination - five experts describe a life in the day of a visitor

Lonely Planet launch UK Road trip Guide

Ottawa - Capital of Canada is open for business and ready for visitors