Thai LCCs - Grounded One-Two-Go to lay off 50% of workforce

Premium Analysis

One-Two-Go Chairman, Udom Tantiprasongchai, stated the grounded airline would lay off 400-500 employees, or 50% of its workforce. The airline’s operating license was suspended for 30 days on 22-Jul-08, due to safety concerns, with the airline undertaking a financial restructure during the period.

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