Showing 1 - 10 of 147
Stressed bonds call for market reform
Oped, Published on 18/06/2025
» Not too long ago, Thai Airways was all but written off. After a staggering loss of more than 141 billion baht and a default on over 71 billion baht in bonds from mismanagement and the pandemic in 2020, the once-proud national airline seemed doomed.
THAI set to emerge from rehab with plan to double fleet
Published on 18/02/2025
» Five years after Thai Airways International filed for bankruptcy protection, the national carrier’s court-appointed debt administrator, Piyasvasti Amranand, is planning an aggressive international expansion.
Finance ministry allots B20bn for THAI shares
Published on 10/12/2024
» The Ministry of Finance is allocating 20 billion baht to purchase additional shares in Thai Airways International on Dec 12, raising its stake in the national carrier to 40% from 30%.
Govt raises stake in Thai Airways, but will not take direct control
Post Reporters, Published on 01/12/2024
» The government is set to raise its stake in Thai Airways International (THAI) but will not return the ailing airline to state enterprise status, according to a cabinet source.
China optimism gives lift to Asian equities
Business, Published on 30/11/2024
» RECAP: Asian shares mostly rose on Friday, led by China, amid speculation that Beijing will provide more support for the economy at a key policy meeting in December.
Approval sought for THAI capital injection
Published on 28/11/2024
» The Ministry of Finance plans to seek cabinet approval next week for a capital injection for Thai Airways International.
Thai Airways plans B44bn rights offering to exit debt plan
Published on 27/11/2024
» Thai Airways International expects to raise as much as 44 billion baht ($1.27 billion) from a share rights offering, the carrier’s final major step to exit a court-supervised debt restructuring and allow the resumption of the trading of its stock.
Tech rebound supports Asian equities
Business, Published on 23/11/2024
» RECAP: Asian equities rose on Friday, with technology stocks in the region rebounding from a selloff that had been prompted by concerns over the revenue outlook for Nvidia Corp.
Proposed THAI rehab changes raise eyebrows
Post Reporters, Published on 05/11/2024
» Thai Airways International (THAI) has proposed to amend its rehabilitation plan for a second time and add two more members to the team overseeing the national carrier’s preparation to exit court-ordered debt restructuring.
Boost seen from Thai Airways rehab exit
Business, Nareerat Wiriyapong, Published on 22/10/2024
» Creditors of Thai Airways International (THAI), especially Bangkok Bank (BBL) and Krungthai Bank (KTB), will receive a boost from the national carrier's planned exit from its rehabilitation plan in mid-2025 as the banks are being given multiple options for debt repayment, analysts say.