Why don’t Thais want to save Thai Airways from coronavirus tailspin?

Public opposition is mounting to a rescue package for Thai Airways, as the 60-year-old airline struggles to find an exit route from coronavirus-fuelled financial turbulence.Like many of its regional counterparts, Thailand’s national carrier has been hit by a double whammy of reduced demand due to the Covid-19 pandemic and the culmination of years of competition from low-cost rivals.In response to the crisis the state enterprise is reportedly seeking a 58.1 billion baht (US$1.81 billion) loan,…

from South China Morning Post https://www.scmp.com/week-asia/economics/article/3084516/why-dont-thais-want-save-thai-airways-coronavirus-tailspin