BANGKOK (March 2): Thai Airways International Pcl said on Tuesday it is cutting its workforce by half and reducing its fleet size to become a more agile and efficient airline, as the troubled flag carrier submitted its turnaround plan, officials said.

The airline was in difficulty well before the coronavirus pandemic grounded flights across the globe, booking losses nearly every year after 2012, with a record loss of 141.1 billion baht (US$4.66 billion) last year.