Showing 1 - 8 of 8
Nok Air eyes B4.88bn for recovery effort
Business, Dusida Worrachaddejchai, Published on 15/07/2022
» Nok Air is raising 4.88 billion baht in funding under a rehabilitation process to prepare for recovery while eyeing the opportunity to operate a new hub at Suvarnabhumi airport.
Airlines strive to restore their prospects
Business, Dusida Worrachaddejchai, Published on 26/05/2022
» 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.
Nok Air laments dearth of passengers
Business, Dusida Worrachaddejchai, Published on 02/12/2021
» Air passenger traffic after Thailand's reopening on Nov 1 has not lived up to operators' expectations as demand from foreign tourists has been lukewarm, says Nok Air.
Nok Air imagines shift to premium segment in rehab plan
Business, Dusida Worrachaddejchai, Published on 25/08/2021
» Nok Air plans to add 5 billion baht in liquidity through a five-year rehabilitation plan starting next year as it prepares to shift segments to premium service.
Nok Air anticipating expansion
Business, Dusida Worrachaddejchai, Published on 16/07/2021
» Nok Air is expecting to gain a windfall during the partial lockdown as other airlines have reduced flights or suspended operations. Meanwhile, its long-term plan is to add more aircraft as tourism rebounds.
Airlines cautiously optimistic on travel demand
Business, Dusida Worrachaddejchai, Published on 15/06/2021
» The tourism and aviation industries are hoping the country's mass vaccination scheme can improve travel sentiment and gradually bolster the economy.
Nok Air: Six months liquidity remaining
Business, Dusida Worrachaddejchai, Published on 16/01/2021
» Nok Air estimates it can sustain its business for another six months, although the uncertain market outlook makes predictions difficult.
Nok Air granted rehab go-ahead
Business, Dusida Worrachaddejchai, Published on 05/11/2020
» Low-cost carrier Nok Air has received permission from the Central Bankruptcy Court to embark on the rehabilitation process, with its business plan scheduled to be rolled out by next January.