THAI restructuring

STARTING DATE: 19 May 2020

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TOTAL UPDATE: 53 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
6 Dec 2020

Thai Airways inquiry to get major new evidence

Extra information concerning alleged irregularities inside Thai Airways International (THAI) will be given to the National Anti-Corruption Commission (NACC) on Dec 14.

6 Dec 2020 23
Thai Airways inquiry to get major new evidence
12 Nov 2020

Nowhere to fly

Thai Airways posts a huge quarterly loss, adding to its monstrous debt, as air travel restrictions caused by the pandemic continue to bleed the aviation sector dry.

12 Nov 2020 60
Nowhere to fly
12 Nov 2020

THAI sells off service items

Thai Airways International (THAI) has offloaded some unused items that were quickly snapped up as the struggling airline works to restore its battered business.

12 Nov 2020 1
30 Oct 2020

Trying to stay afloat

Almost 5,000 Thai Airways International employees have signed up for the company's early retirement programme.

30 Oct 2020 13
Trying to stay afloat
9 Oct 2020

THAI staff angered by executive promotions

The Thai Airways International workers' union is protesting against the appointment of the THAI board chairman's wife to a higher position, saying it undermines trust in the beleaguered organisation.

9 Oct 2020 50
THAI staff angered by executive promotions
2 Oct 2020

Thai Airways cashing in on fried dough

Bankrupt Thai Airways International plans to franchise its own popular version of patong-go, or deep-fried dough, which already brings in about 10 million baht in monthly sales.

2 Oct 2020 30
Thai Airways cashing in on fried dough
25 Sep 2020

Sky tour

Thai Airways International is opening its flight simulators to the general public and taking people around the country on sight-seeing flights for a fee.

25 Sep 2020 51
Sky tour
24 Sep 2020

Thai Airways deadline

A deadline has been set for individual creditors to recover their money from Thai Airways International.

24 Sep 2020 20
Thai Airways deadline
18 Sep 2020

Govt aid for Thai Airways International's layoffs?

The State Enterprises Workers' Relations Confederation urged for financial assistance for the almost 2,600 workers laid off by a Thai Airways International subsidiary.

18 Sep 2020 12
Govt aid for Thai Airways International's layoffs?
15 Sep 2020

Requests for repayment

Thai Airways International has asked its creditors to file requests for debt repayments with the Department of Legal Execution.

15 Sep 2020 25
Requests for repayment