Thai Airways International (THAI) successfully resumed trading on the Stock Exchange of Thailand (SET) on Monday, with its share price soaring more than $130% in a strong return to the market after completing a lengthy court-supervised business rehabilitation.
The national flag carrier, which entered bankruptcy protection in 2020, marked a significant turnaround with its relisting on August 4, 2025. The event signals a new phase for the airline, which has undergone extensive restructuring to restore its financial stability.
On its first day back, THAI’s stock (SET: THAI) opened at $10.50 Baht per share. This represented a $134.4% increase from its capital increase offering price of $4.48 Baht per share. The opening price gave the airline a market capitalization of nearly $300 billion Baht.
Thai Airways said it is now focused on achieving “robust, stable, and sustainable growth,” outlining a strategy centered on enhancing operational standards, improving service quality, and adhering to strong corporate governance principles to deliver value to shareholders.
The successful relisting is a major milestone for Thai Airways, which has long been regarded as a symbol of national pride. The carrier’s performance will be closely watched by investors as it navigates a competitive aviation market and seeks to solidify its position as a leading airline in the region.
Ajinomoto announces 2025 business plan supporting Thais to Eat Well, Live Well
KTC forges alliance to transform Thai family travel into a nationwide ‘Learning Playground’
