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After over a decade of struggling with continuous financial losses, Thai Airways International (THAI) has officially dissolved its wholly owned subsidiary, Thai Smile Airways.
The decision marks the end of the budget airline’s operations, bringing a turbulent chapter to a close. The dissolution was officially announced to the Stock Exchange of Thailand (SET) on June 5, following a resolution passed during the 14th Executive Plan Administrator Meeting on May 8.
thethaiger.com
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Thai Smile shuts down after a decade of losses
Thai Airways completes legal dissolution of its subsidiary
Puntid Tantivangphaisal1 hour agoLast Updated: Wednesday, June 11, 2025After over a decade of struggling with continuous financial losses, Thai Airways International (THAI) has officially dissolved its wholly owned subsidiary, Thai Smile Airways.
The decision marks the end of the budget airline’s operations, bringing a turbulent chapter to a close. The dissolution was officially announced to the Stock Exchange of Thailand (SET) on June 5, following a resolution passed during the 14th Executive Plan Administrator Meeting on May 8.

Thai Smile shuts down after a decade of losses
After over a decade of continuous financial losses, Thai Airways officially dissolved its wholly owned subsidiary, Thai Smile Airways.

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