Thai Airways International is to auction off many in-flight items, stored in its warehouses, and lease its three office buildings to generate badly-needed revenue while the airline is unable to…
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Photo from thaiairways.com
Financially-strapped Thai Airways International is to auction off 34 aircraft, with an average age of about 20 years, to anyone who is interested. The aircraft include the Airbus A340-500 and…
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Thai Airways International has suffered about 28 billion baht in losses for the first half of this year, mainly attributable to the COVID-19 pandemic, which has seriously impacted its operations….
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Photo by Vivek PRAKASH / AFP
Thai Airways International will resume international flights on 37 routes starting August 1st, one month later than originally planned. The national flag carrier plans resumption of services on 26…
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A Thai-Airway Boeing 747 taxies on the tamac of the freed Suvarnabhumi international airport after making the first arrival flight at the protest-hit airport in Bangkok on December 3, 2008. Airlines gradually resumed international and domistic flights to and from the airport after protesters ended a blockade, with full operations expected on December 4, 2008. AFP PHOTO/HOANG DINH Nam (Photo by HOANG DINH NAM / AFP)
Former international crime prosecutor, Mr. Wanchai Roujanavong, has likened the proposed rehabilitation of Thai Airways International to the opening of a Pandora’s Box, which will expose extensive corruption in the…
Read MoreEighty-four creditor cooperatives and financial institutions of Thai Airways International have agreed to join forces to increase their bargaining power in talks with the ailing national flag carrier over debt…
Read MoreThailand’s Central Bankruptcy Court today has accepted Thai Airways International’s bankruptcy protection petition for consideration and set the first hearing for August 17th. The court’s decision to accept the…
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Thailand’s Ministry of Transport will nominate four professionals to the new board of Thai Airways International, tasked with managing the financially-strapped national flag carrier under the court-sanctioned rehabilitation plan. Transport…
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The Transport Ministry has nominated 15 candidates for administrator, of the rehabilitation plan for ailing Thai Airways International, to Prime Minister Prayut Chan-o-cha for consideration. Transport Minister Saksayam Chidchob said…
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(Photo) Thaiairways.com
Although it is likely that struggling Thai Airways International will have to apply for a court-sanctioned rehabilitation programme, under the country’s bankruptcy law, there are a number of prerequisites to…
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After years of heavy losses, Thailand’s struggling national airline is making headlines with its last-ditch attempt to survive a spiralling financial crisis fuelled by the global coronavirus pandemic. Thai Airways…
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Beleaguered Thai Airways International is likely to file for bankruptcy protection and have to enter a court sanctioned restructuring and rehabilitation process, Deputy Prime Minister Anutin Charnvirakul said today. …
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©Democrat Party, Thailand
Former Finance Minister and Kla party leader Korn Chatikavanich has proposed that Thai Airways International files for bankruptcy, so the beleaguered national flag carrier can enter rehabilitation under the protection…
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Prime Minister Prayut Chan-ocha / ©asiatimes.com
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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File photo from Thai Government
Prime Minister Prayut Chan-o-cha said today that Thai Airways International should be given a last chance to shape up if the flag carrier is to get a rescue package from…
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Toilet paper, flour, sugar and spaghetti have become a rare sight on some shelves as shops in many cities in Germany are hit by panic buying.
Like many of the 80,000 Thais living in Germany, Nattaporn Wolf was worried when Covid-19 began spreading across the world. She has been monitoring news about the virus ever since…
Read MoreThai Airways International has become another victim of COVID-19, as the loss-ridden national flag carrier immediately suspends all operations until May 31st. THAI acting president Mr. Chakkrit Parapanthukul said…
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FILE – In this Jan. 29, 2020, file photo, a shopper walks in a street market aimed for Chinese tourists in Bangkok, Thailand. The outbreak of new virus centered on the Chinese city of Wuhan is giving global business chills. Thailand’s central bank cut its benchmark interest rate to 1% from 1.25% on Wednesday to help the economy weather a series of setbacks, most lately the virus outbreak in China that has devastated its tourism sector. (AP Photo/Gemunu Amarasinghe, File)
BANGKOK (AP) — Central banks in the Philippines and Thailand have cut their benchmark interest rates as China’s neighbors seek ways to soften the impact of measures to contain a…
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The veterans badge of Sergeant Sakriya Resley, the Korean war veteran who is now 93 years old and still alive.
The Thai-Korean War Veterans Association, under the Royal Patronage of His Majesty the King, has come to the Haroon mosque cemetery on October 24th to lay a wreath in memory…
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(Photo) Korn Chatikavanich/Facebook
Former Finance Minister and Democrat list MP Korn Chatikavanich has voiced his concern over the financial crisis facing Thai Airways International and, at the same time, has objected to any…
Read More(Photo) Thaiairways.com
Thai Airways International, the national flag carrier, appears to be in a deep financial crisis and may have to delay debt repayments or seek new loans. THAI president Sumet Damrongchaitham…
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Flt. Lt. Pratana Patanasiri, Vice President of aviation safety, security & standards at Thai Airways International, says that Japan’s Meteorological Agency has announced an alert relating to typhoon Krosa (Typhoon…
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Thai Airways International has reminded its flight attendants to refrain from engaging in smuggling activities or they face dismissal if caught. The terse reminder was issued today by Mr. Sutheerat…
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Thai Airways International CEO Sumeth Damrongchaitham has warned the company’s staff to exercise caution when posting text, pictures or video clips on social media in order to prevent the posts…
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Thai Airways International is resuming flights to European destinations via China instead of Pakistan after an abrupt cancellation of several flights last night due to armed tensions between India and…
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Thai Airways International has lost 10 percent of its market share in the past three years due to a shortage of aircraft and if it wants to restore the market…
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