Thai Airways Shares to Resume Trading August 4, 2025

The Stock Exchange of Thailand (SET) has approved the resumption of trading for Thai Airways International shares starting August 4, 2025. This marks the airline’s return to the market more than three years after trading was suspended due to financial distress and its court-supervised restructuring process.

The decision follows Thai Airways’ July 23 announcement that it has met all SET requirements for reinstatement, including positive shareholder equity, stable net profit, sound financial health, and consistent operational performance. The airline completed its nearly five-year restructuring program, initiated in September 2020, with the Central Bankruptcy Court officially approving the outcome on June 16, 2025.

As part of its recovery plan, Thai Airways converted THB53.4 billion (USD1.7 billion) of debt into equity and raised THB23 billion (USD715 million) through new share issuances to existing investors. This significantly changed its ownership structure, reducing the Thai government’s direct control. The Ministry of Finance now holds a 38.9% stake, with an additional 4% controlled by related state-affiliated entities, primarily banks. The largest private stakeholder is Bangkok Bank, which owns 8.5% of the airline.

Under SET regulations, 55% of Thai Airways’ outstanding shares will remain under a one-year lock-up period beginning from the date trading resumes.

The return to public trading reflects Thai Airways’ improved financial position and signals renewed investor confidence as the airline works to rebuild its market presence and long-term profitability. The resumption is expected to attract investor interest amid a rebound in regional aviation.

Related News: https://airguide.info/category/air-travel-business/airline-finance/

Sources: AirGuide Business airguide.info, bing.com, ch-aviation.com