Thailand

Thai Airways CEO resigns after rehabilitation plan approved

Thai Airways CEO resigns a day after the Central Bankruptcy Court of Thailand approved the airline’s rehabilitation plan....


Court approves Thai Airways rehabilitation plan: what’s next?

The Central Bankruptcy Court gave the final approval for Thai Airways’ rehabilitation plan to move further. What is waiting ahead?...


AirAsia’s logistic arm to launch first dedicated freighter in Q3

AirAsia logistics arm Teleport will operate the carrier's first dedicated freighter – the 737-800F – set to launch in Q3 2021.  ...


Bangkok Airways postpones new routes, suspends flights

Bangkok Airways postpones the launch of three new routes and suspends service on five domestic destinations.   ...


Thai Airways to ask more time to submit rehabilitation plan

Thai Airways is asking the Central Bankruptcy Court to provide more time for submission of its financial rehabilitation plan....


Ongoing corruption case at Thai Airways targets 20 suspects

Investigation of alleged corruption at Thai Airways has flagged 20 more people suspected to be involved in possible airline's mismanagement....


Thai Airways to export fresh fruit in bid to recover

Thai Airways will expand its cargo services in order to promote Thailand’s fresh fruit and vegetable products to Asian and European markets....


Thai Airways survival on the line, warns president

Thai Airways, the national carrier of Thailand, could be on the verge of collapsing according to the alarming comments made by its president Sumeth Damrongchentham. He calls on his employees to participate in rehabilitation efforts....


Thai Airways asked to submit new turnaround plan

Thai Airways states it is fighting back against fierce competition, mellowing economic growth, airport capacity limits, trade wars and other “crises” in a strive to break away from its years-long row of financial losses. Armed with its Rehabilitation Plan, the airline aims to reach an “aggressive profitability” in the upcoming few years, but stakeholders appear not to be convinced that the plans are realizable.  Strin...


Thai Airways reports $26.2M loss in 1Q2019

The first three months of 2019 did not start well for Thai Airways, which, together with five of its subsidiaries, recorded operating net loss of $26.2 million (828 million Baht) in  1Q2019. By contrast, the airline registered $121 million (3,8 billion Baht) profit at the same time last year....