THAI restructuring

STARTING DATE: 19 May 2020

|

TOTAL UPDATE: 105 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
06:47

THAI bullish on earnings

Thai Airways (THAI) is expected to earn at least 130 billion baht in revenue this year after its net profit in the first quarter reached 12.5 billion baht.

06:47 7
THAI bullish on earnings
1 Jan 2023

Future's bright as THAI rebounds

The aviation business was plunged into an unimaginable depth of despair during the more than two years of the Covid-19 pandemic, which has also set a new rule for the industry: shape up or ship out.

1 Jan 2023 2
Future's bright as THAI rebounds
20 Dec 2022

THAI plans more Europe, Japan flights

Thai Airways International plans to add at least nine aircraft to its operational fleet in the first quarter of 2023 and will increase its flights to Europe and Japan.

20 Dec 2022 2
THAI plans more Europe, Japan flights
26 Nov 2022

THAI Airways names new CEO

Thai Airways International Plc said yesterday that Chai Eamsiri would become the company's chief executive officer from Feb 1, as it proceeds with its pandemic-driven restructuring plan.

26 Nov 2022
THAI Airways names new CEO
24 Nov 2022

THAI to borrow less

Thai Airways International requires only half the money which it initially estimated would be needed for recapitalisation, given its consistently positive performance.

24 Nov 2022 26
THAI to borrow  less
16 Nov 2022

Thai Airways fleet undergoing resurgence

Thai Airways International says 60% of the aircraft in its pre-pandemic fleet have now resumed service following a surge in the number of people travelling.

16 Nov 2022 12
Thai Airways fleet undergoing resurgence
21 Sep 2022

THAI confident of court nod

Thai Airways International (THAI) is expecting its revised business reorganisation plan to be accepted by the Central Bankruptcy Court in the first or second week of October.

21 Sep 2022 11
THAI confident of court nod
7 Sep 2022

Brighter future

Troubled national carrier Thai Airways International (THAI) is aiming to make a comeback and reach a top 10 global ranking for airlines.

7 Sep 2022 82
Brighter future
1 Sep 2022

Creditors on board

Thai Airways International receives a boost after its creditors approve its revised business rehabilitation plan.

1 Sep 2022 30
Creditors on board
31 Aug 2022

THAI aims high

Thai Airways International is aiming to resume its position as one of the world's top ten airlines after the completion of its rehabilitation process.

31 Aug 2022 100
THAI aims high