Showing 1 - 10 of 53
Thai Airways takes off, says chief executive
Business, Nareerat Wiriyapong, Published on 19/05/2025
» Fresh from completing a years-long business rehabilitation, Thai Airways International (THAI) is unveiling its "Fly for the New Pride" brand campaign, operating with a reduced debt burden and new revenue generators as the company expects to resume trading on the Stock Exchange of Thailand (SET).
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%.
Finance Ministry plans to convert THAI debt
Published on 19/11/2024
» The Ministry of Finance is preparing to convert the debt of Thai Airways International into equity, with a proposal expected to be submitted to the cabinet this month as part of a plan to increase the company’s capital.
Shareholders mull THAI's capital bid
Business, Wichit Chantanusornsiri, Published on 15/11/2024
» Thai Airways International's (THAI) shareholders have yet to decide if they want to inject more capital into the company, in line with its rehabilitation plan, as the company's financial situation has improved.
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.
Thai Airways targets SET return in 2025
News, Supoj Wancharoen, Published on 10/08/2024
» Thai Airways International Public Company Limited (THAI) is looking to finalise its capital restructuring plan by the end of this year and will seek cancellation of business rehabilitation before resuming trading on the stock exchange within the second quarter of 2025.
Much hangs on Gulf, InTouch deal
Business, Published on 18/07/2024
» The planned amalgamation of Gulf Energy Development (Gulf) and InTouch Holdings (INTUCH) is aimed at simplifying the shareholding structure, strengthening the group's financial status and balancing the investment portfolio.
Stark mulls major moves to retain listed status
Business, Nareerat Wiriyapong, Published on 30/06/2023
» Financially ailing Stark Corporation is considering filing for court-supervised capital and debt restructuring, divesting shares in non-core subsidiaries, and increasing registered capital in order to retain its status as a listed company.
THAI foresees early rehab exit
Published on 09/02/2023
» Thai Airways International (THAI) will exit rehabilitation earlier than planned and resume trading on the Stock Exchange of Thailand in two years as operating revenue is rising, says its new chief executive officer.
Future's bright as THAI rebounds
News, Kamolwat Praprutitum, Published on 01/01/2023
» The aviation business was plunged into an unimaginable depth of despair during the more than two years of the Covid-19 pandemic, which has also set a new rule for the industry: shape up or ship out.