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BUSINESS

THAI wary of Nok Air shares float

Business, Amornrat Mahitthirook, Published on 24/05/2017

» Thai Airways International (THAI) Plc has backed away from buying new shares raised by its affiliate Nok Air to increase its capital because the loss-making budget carrier's rehabilitation plan remains unclear and its chief executive must be replaced, says a source at the flag carrier.

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BUSINESS

THAI returns to profit in 2016

Amornrat Mahitthirook, Published on 28/02/2017

» Thai Airways International (THAI) turned a profit in 2016, an improvement from a big loss in the previous year.

BUSINESS

Selection of new Thai Airways president risks being derailed

News, Amornrat Mahitthirook, Published on 24/12/2016

» The process of selecting the new president of Thai Airways International Plc (THAI) could be scrapped as four out of the nine candidates are unlikely to meet the required qualifications, according to a source at the airline.

BUSINESS

Thai Smile set to move operations to Suvarnabhumi

News, Amornrat Mahitthirook, Published on 24/12/2016

» Thai Smile Airways will, from the middle of next month, vacate Don Mueang airport and operate its flights at Suvarnabhumi airport in a move to increase overseas trips and make full use of its planes.

BUSINESS

THAI's MRO investment plan makes headway

Business, Amornrat Mahitthirook, Published on 17/09/2016

» Thai Airways International (THAI) expects to finalise the investment plan for its new maintenance, repair and overhaul (MRO) business in the next few months, says chairman Areephong Bhoocha-oom.

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BUSINESS

Suvarnabhumi expects bids by October

Business, Amornrat Mahitthirook, Published on 15/09/2016

» The long-awaited expansion of Suvarnabhumi airport is slated to have an auction for contractors in October, with construction starting by February, says president Nitinai Sirismatthakarn of the state-controlled Airports of Thailand (AoT).

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BUSINESS

BEM posts strong merger-driven profit

Amornrat Mahitthirook, Published on 11/08/2016

» BEM, a subsidiary of construction giant Ch Karnchang Plc, reported a net profit of 1.21 billion baht in the first half of 2016, up by 12.3% year-on-year on rising income and tax benefits.

BUSINESS

AOT expects peak season travel surge

News, Amornrat Mahitthirook, Published on 24/10/2014

» Airports of Thailand Plc (AOT) is predicting more than 50 million travellers will enter the country via its six major airports during the peak tourism season. 

BUSINESS

Ministry set to agree to fare increase

News, Amornrat Mahitthirook, Published on 27/09/2014

» Transport Minister Prajin Juntong has agreed in principle on a taxi fare increase in the event of fuel pump price rises next month.

BUSINESS

Prajin wants subway fare talks

News, Amornrat Mahitthirook, Published on 22/09/2014

» Transport Minister Prajin Juntong is seeking ways to delay subway fare hikes until December as they are due to rise next month.