THAI airways plans to cut staff by 50% or staff costs by 18 billion baht annually over next 2 years

After two postponements, Thai Airways International submitted its rehabilitation plan to the Legal Execution Department officials today (Tuesday), under which the debt-ridden national flag carrier plans to slash staff expenses…

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Labour federation opposes proposed rehabilitation scheme for THAI

Thailand’s Federation of State Enterprise Labour Relations, the umbrella organization of state enterprise unions, has voiced its strong objection to a court-sanctioned rehabilitation scheme for Thai Airways International, saying that…

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Cabinet to be asked to let Finance Ministry proceed with THAI rehabilitation

Deputy Prime Minister Wissanu Krea-ngarm will propose to the Cabinet on Tuesday an amendment to its May 19th resolution, to replace the Transport Ministry with the Finance Ministry as the…

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Transport Ministry backs down over administering THAI rehabilitation plan

The Ministry of Transport has backed down over its demand to have a role in the administration of the court-sanctioned rehabilitation plan for Thai Airways International, now that the ailing…

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Prime Minister Prayut Chan-ocha / ©asiatimes.com

PM insists THAI adheres to a viable rehabilitation plan

Prime Minister Prayut Chan-o-cha said today that the only way for Thai Airways International (THAI) to survive its financial crisis is to enter and stick to an effective rehabilitation program,…

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