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The Latest Breaking News from Thai Airways International

Govt to recapitalise Thai Airways with B10bn

The government will need to raise 10 billion baht to recapitalise financially ailing Thai Airways International (THAI) to keep its shareholding in the company from dipping below 40%, according to the State Enterprise Policy Office (Sepo).

Bangkok Post

Govt to inject another B10bn into THAI

The Finance Ministry plans to inject 10 billion baht into Thai Airways International to keep its shareholding from dipping below 40%, according to the State Enterprise Policy Office (Sepo).

Bangkok Post

Thai Airways to lease 2 Airbus jets

Thai Airways International (THAI) will sign a lease agreement for two Airbus A350-900 aircraft for use beginning from January next year, Suvadhana Sibunruang, THAI acting chief executive officer, said on Tuesday.

Bangkok Post

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Court approves new THAI rehab plan

The Central Bankruptcy Court has approved the revised business reorganisation plan of Thai Airways International (THAI), setting in motion its full financial restructuring process, according to a high-ranking source in the company.

Bangkok Post

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, despite some opposition from its creditors, the airline announced on Tuesday.

Bangkok Post

THAI angles for a return to global glory

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

Bangkok Post

Nod for THAI plan tweak

Creditors of Thai Airways International (THAI) have accepted an amended business reorganisation plan (BRP) submitted to them by the plan administrator at a meeting on Thursday, the airline announced.

Bangkok Post

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Creditors okay revised THAI rehab plan

Creditors of Thai Airways International (THAI) on Thursday approved a new rehabilitation plan in what the airline called a major step forward on its flight back to full recovery.

Bangkok Post

THAI narrows operating loss in Q2

Thai Airways International (THAI) improved its performance in the second quarter of this year with revenue totalling 21.5 billion baht, up 282% on the same period last year.

Bangkok Post

Travelling to Saudi Arabia just got easier

Travellers have more options for flying to Saudi Arabia as Thai Airways International expands its route from Bangkok to Jeddah, which serves as a gateway to significant Islamic holy cities such as Mecca and Medina. Starting from Aug 19, there'll be four weekly direct flights between Bangkok-Jeddah on Mondays, Wednesdays,…

Bangkok Post

Thai Airways to launch first flights to Saudi Arabia for 32 years in August

After more than three decades of suspension, Thai Airways International will restart commercial flights to Saudi Arabia next month on the back of improving relations between Thailand and the Middle East country.

Bangkok Post

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.

Bangkok Post

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.

Bangkok Post

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, its restructuring committee chief said on Friday.

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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.

Bangkok Post

Airlines strive to restore their prospects

Over the past two years, amid the Covid-19 pandemic, the aviation industry has been on the verge of collapse because of stringent border controls and uncertainty over travel rules, causing severe financial strain for many airlines.

Bangkok Post

GSB ready to assist THAI, Oil Fuel Fund

The Government Savings Bank (GSB) stands ready to extend loans to Thai Airways International (THAI) and the Oil Fuel Fund to boost their liquidity if the government adopts a policy for it to do so, said GSB chairman Prapas Kong-Ied.

Bangkok Post

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 with liquidity surging to the highest point since the company filed for bankruptcy in 2020.

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Bangkok Post

PTT teams up with THAI to develop cargo services

National oil and gas conglomerate PTT Plc is joining hands with national flag carrier Thai Airways International (THAI) to develop cargo services, with the ultimate aim of becoming a regional logistics leader.

Bangkok Post

India targeted as new arrivals market

Around 500,000 Indian tourists are expected to visit Thailand this year generating revenue of 24 billion baht, supported by the national carrier Thai Airways International after an air travel bubble (ATB) agreement was concluded in March.

Bangkok Post

Leased 777-300ERs to join THAI's fleet

Thai Airways International (THAI) will add three Boeing 777-300ERs to its fleet this month in order to meet the growing demand for flights, in light of the relaxed travel restrictions.

Bangkok Post

Thai Airways sells Airbus seats for B1m

Cash-strapped Thai Airways International earned over 1 million baht in under a minute on Tuesday by selling passenger seats stripped from its decommissioned aircraft.

Bangkok Post

13 more Thais back from Ukraine

Another group of 13 Thais returned home from Ukraine on Tuesday morning, on a Thai Airways International flight from Switzerland.

Bangkok Post

THAI registers operating loss of B19.7bn for last year

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.

Bangkok Post

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.

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