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THAILAND

Flights resume at Chiang Rai airport

Online Reporters, Published on 13/09/2024

» Mae Fah Luang Chiang Rai International Airport will operate four inbound and four outbound flights on Friday, but passengers are advised to allow up to five hours to reach the terminal due to severe flooding.

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THAILAND

Sky-high WiFi set to go far and wide

Business, Kamolwat Praprutitum, Published on 27/06/2018

» Air passengers putting their phones and tablets on flight mode are set to be a thing of the past as on-board WiFi service becomes the rule rather than the exception in the hugely lucrative connectivity industry, says an executive at Inmarsat, the British provider of global mobile satellite communications.

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BUSINESS

Nok Air's new shares fully subscribed

Business, Boonsong Kositchotethana, Published on 01/11/2017

» Cash-strapped Nok Air's latest bid to get shareholders to inject 1.7 billion baht in fresh funds and advance a turnaround plan has been declared a success.

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BUSINESS

Nok Air to see overhaul

Business, Boonsong Kositchotethana, Published on 19/09/2017

» Nok Air's new supremo says his task is to stop losses at the cash-strapped budget airline and turn its business around in no time.

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BUSINESS

Nok Air's Patee leaves CEO post

Business, Boonsong Kositchotethana, Published on 16/09/2017

» After heading Nok Air since its inception 14 years ago, Patee Sarasin has called it quits as chief executive.

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BUSINESS

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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BUSINESS

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.

BUSINESS

Disappointment with Opec accord hits world equities

Business, Published on 29/05/2017

» Recap: Global equity markets retreated last week as a slump in crude prices triggered a sell-off in energy stocks after an Opec-led decision to extend output cuts fell short of expectations. However, markets rallied on Friday amid a consensus that the sell-off had been an overreaction. The energy-heavy Thai stock market started the week strongly in anticipation of good news from Opec, and offshore fund inflows helped to limit losses later.

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THAILAND

Nok Air seeks B1.5bn capital injection

Business, Boonsong Kositchotethana, Published on 24/04/2017

» Nok Air has received shareholder approval to raise 1.5 billion baht in fresh capital to support its revival efforts.

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THAILAND

Unfinished mission at Nok Air

Business, Boonsong Kositchotethana, Published on 16/03/2017

» Rather than worrying about rumours of his imminent dismissal as chief executive of Nok Air, Patee Sarasin says he's preoccupied with turning the loss-ridden budget airline around.