Showing 1 - 9 of 9
Three Thai airlines face CAAT clampdown
News, Amornrat Mahitthirook, Published on 21/11/2016
» Three Thai-registered airlines are experiencing a financial crunch after their operations were severely affected by a sharp drop in Chinese tourists.
Competition, terror key to THAI losses
News, Amornrat Mahitthirook, Published on 16/08/2016
» Competition from low-cost airlines, Middle East-based airlines and recent terror attacks in Europe are among key factors behind Thai Airways International Plc's (THAI) second-quarter net loss of 2.91 billion baht.
THAI sets B2bn 'retiree' plan
News, Amornrat Mahitthirook, Published on 01/03/2016
» Thai Airways International Plc (THAI) has earmarked 2 billion baht for voluntary staff retirements this year as the airline posted a net loss of 13.04 billion baht for last year.
THAI swings to quarterly profit
News, Amornrat Mahitthirook, Published on 22/02/2016
» Loss-ridden Thai Airways International (THAI) avoided a record net loss in 2015 after its performance in the October-December period posted a net profit, thanks to substantial cost reductions and more efficiencies.
THAI plans to get back on track
News, Amornrat Mahitthirook, Published on 30/12/2015
» A 2016 plan to bring loss-ridden Thai Airways International (THAI) back on track looks set to satisfy the State Enterprises Policy Commission and help the national carrier escape being yellow-carded.
Thai Airways' finances critical, survival at stake
Amornrat Mahitthirook, Published on 20/10/2015
» Thai Airways International (THAI) remains in a financial crisis as it has been unable to increase revenue and reduce costs as urgently needed, a member of the State Enterprise Policy Commission said on Tuesday
Former THAI execs demand answers on losses
News, Amornrat Mahitthirook, Published on 23/04/2015
» Former THAI Airways International (THAI) executives have petitioned Transport Minister Prajin Juntong, asking him to find out why the national flag carrier is wracked by heavy losses.
PC Air sues Koreans for B1.5bn
Amornrat Mahitthirook, Published on 10/01/2013
» PC Air, the privately owned Thai charter airline, has sued two South Korean business partners for 1.5 billion baht in compensation for damage to its reputation over a row which left 400 Thais stranded at Incheon International Airport in October last year.
New THAI chief targets B5bn profits
News, Amornrat Mahitthirook, Published on 17/11/2012
» The new president of state-owned Thai Airways International (THAI) has set a profit target of 5 billion baht for the national carrier next year.