THAI restructuring

STARTING DATE: 19 May 2020

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TOTAL UPDATE: 102 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
04:00

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.

04:00
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 28
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
15 Aug 2022

THAI flying higher

Bankrupt national carrier Thai Airways International improved its performance in the second quarter this year with revenue of 21.5 billion baht, up 282% on last year.

15 Aug 2022 28
THAI flying higher
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