THAI restructuring

STARTING DATE: 19 May 2020

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TOTAL UPDATE: 94 STORIES

The cabinet resolved on May 19 to restructure loss-ridden Thai Airways International Plc under the supervision of Bankruptcy Court instead of injecting 54 billion baht in taxpayers' money into it as requested by the flagship carrier.

THAI restructuring
LATEST
19 Jul 2022

Thai Airways engine deal 'unlawful'

The National Anti-Corruption Commission (NACC) has found grounds supporting the allegation that former finance minister Thanong Bidaya broke the law in a deal to supply Rolls-Royce engines for Thai Airways International (THAI) three decades ago, according to Isranews.

19 Jul 2022 17
Thai Airways engine deal 'unlawful'
2 Jul 2022

THAI revises debt rehab plan

Thai Airways International (THAI) on Friday submitted a new debt rehabilitation plan following a better-than-expected recovery from its financial crisis, said Piyasvasti Amranand, chairman of the THAI panel overseeing the airline's court-monitored debt plan.

2 Jul 2022 2
1 Jul 2022

Thai Airways aims for 2024 completion of restructuring

Thai Airways International Plc expects to complete its corporate restructuring in two years as the airline's performance gradually improves and global travel resumes.

1 Jul 2022 4
Thai Airways aims for 2024 completion of restructuring
22 Jun 2022

THAI sees signs of an early turnaround as losses shrink

Thai Airways International (THAI) is banking on pulling out of bankruptcy protection and resuming trading of its shares earlier than planned as the carrier's bottom line is looking up.

22 Jun 2022 11
THAI sees signs of an early turnaround as losses shrink
24 May 2022

THAI auctions the bare bones

The financially troubled Thai Airways International (THAI) will on Wednesday auction off the airframe of an old Boeing 737-400, according to its TG Warehouse Sale Facebook page.

24 May 2022 6
THAI auctions the bare bones
18 May 2022

Outlook brighter for cash-strapped THAI

Thai Airways International (THAI) has posted a 155% increase in revenue and a narrower loss in the first quarter of this year.

18 May 2022 37
Outlook brighter for cash-strapped THAI
13 May 2022

PTT, THAI team up

PTT is joining hands with Thai Airways International to develop cargo services, with the ultimate aim of becoming a regional logistics leader.

13 May 2022 3
PTT, THAI team up
1 Mar 2022

THAI registers operating loss

Thai Airways International (THAI) posted a 55.11 billion baht net profit last year on 81.52 billion baht in revenue from one-time transactions, mainly asset sales, and a 19.70 billion baht operating loss.

1 Mar 2022 22
THAI registers operating loss
28 Feb 2022

Thai Airways declares B55bn net profit

Thai Airways International on Monday reported a 55.11 billion baht net profit last year on 81.52 billion baht in revenue from one-time transactions, mainly asset sales, and 19.70 billion baht operating loss.

28 Feb 2022 35
Thai Airways declares B55bn net profit
16 Nov 2021

THAI makes profit of B51bn

Struggling Thai Airways International (THAI) generated a net profit of 51.1 billion baht in the first nine months of the year.

16 Nov 2021 78
THAI makes profit of B51bn