Showing 1-10 of 18 results
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Airlines' losses widen on weak tourism, strong baht
Published on 14/08/2019
» Bangkok Airways and smaller Thai carriers have reported surging second-quarter losses as they reeled from a decline in Chinese tourists and a strengthening baht currency.
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Thai AirAsia considers merger
Business, Published on 28/05/2020
» With its "fortune hanging in the balance", the chief of Thai AirAsia (TAA) says it may merge with another low-cost carrier (LCC) to clamp down on pricing wars once flights eventually resume in the country.
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Seven airlines to seek bailout to survive
News, Published on 29/03/2020
» Seven Thai airlines are likely to seek a 16-billion-baht bailout from the Finance Ministry so they can pay their employees while their services are suspended.
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Oil, war, pandemic: Economic costs mount
Business, Published on 14/03/2022
» The Russian invasion of Ukraine is sending economic shockwaves around the globe with crude oil prices at one point reaching US$130 per barrel, hitting businesses already reeling from tepid consumption caused by the Covid-19 pandemic.
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All eyes on Fed next week as global shares steady
Business, Published on 24/07/2021
» Recap: Global stocks had a volatile week before picking up on Friday. The MSCI World Index steadied after three days of gains. The market is looking ahead to next week's Federal Reserve meeting after the European Central Bank pledged on Thursday to continue with heavy stimulus spending. Emerging markets and Asian shares slid, pressured by coronavirus worries.
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Terror in Spain, turmoil in Washington dent stocks
Business, Nuntawun Polkuamdee, Published on 21/08/2017
» Recap: US political instability and a terrorist attack in Spain put pressure on global stock markets, with Wall Street hitting a three-month low and European and Asian bourses also sinking, though Thailand managed a small gain.
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Nok Air shedding costs, aircraft capacity
Business, Boonsong Kositchotethana, Published on 07/03/2017
» Nok Air is embarking on a business recovery plan, but the struggling budget airline's boss says it's a non-starter to expect the company to find its way out of deep financial woes anytime soon.
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AirAsia may launch Hua Hin flights
Business, Boonsong Kositchotethana, Published on 09/08/2017
» Malaysia's AirAsia has indicated the possibility of launching the first regular international flight to Hua Hin in December.
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TAA insiders keep distance from Nok
Business, Boonsong Kositchotethana, Published on 03/06/2017
» The chance of Asia Aviation Plc (AAV) acquiring a stake in troubled Nok Air as speculated by stock analysts is remote, according to executives.
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Sky-high profits on the radar for Thai AirAsia
Business, Boonsong Kositchotethana, Published on 09/02/2016
» Optimism is running high at Thai AirAsia (TAA), where profits this year are expected to double on the back of anticipated improvements in the overall operating environment.
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